BEIJING, Dec. 29 /PRNewswire-FirstCall/ - Land Star Inc. (www.landstarcorp.com) Landstar management announces that it has entered into a serious dialogue with a USA based company for the sale of its oil and gas vapour recovery division Hubei Chuguan.
Chairman Mr. Li Congtang said "The market for a very brief time reflected part of our values however since then it is best described as ridiculous valuations. At best the valuations the markets are indicating for LDSR are equivalent to some equipment of our business and nothing else. To that end we are seriously exploring other options and alternatives including those being presented to us by this unsolicited buyer. When the transaction is complete LDSR will still maintain assets in the Mexico and Colorado mining projects. At present we are looking at many options and we are addressing the concerns of our shareholders with whom the artificial and fractional valuation of our company just does not sit well. Although the crude oil prices have fallen sharply in the past LDSR remains a strong vibrant company with strong revenues and great potential. We wish to tap into that potential to reward our shareholders"
The company will provide further details as they become available.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet filings (www.pinksheets.com), and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
Monday, December 29, 2008
Good Life China Corporation (GLCC) Logistics Candidate
BEIJING, Dec. 29 /PRNewswire-FirstCall/ - Good Life China Corporation http://www.goodlifechina.com/ (GLCC) announced today that it has identified 2 separate public companies which it will acquire (or has began the acquisition process already). The original targeted candidate is a UK based PLC company Robox A I PLC description: Equity, ISIN GB00B2NPLL36, WKN A0NBLU, Symbol: 5RB quoted on the German Deutsche-Boerse. http://deutsche-boerse.com . The 2nd public company is a USA based issuer who came forth unsolicited after the conclusion of the shareholders tele conference held last week, and remains a possible option for the issuer.
Mr. Yves Yang, the company spokesperson, said, "The company's management sees Robox as a great vehicle with its share price of $1.00 as the best suitable option for its logistics division. We are well underway with the Robox transaction, and although the 2nd USA based company is attractive we can not release its name until we have reached a more concrete ground with them. Mr. Garr Winters, the company's Secretary, has advised Good Life management and Ms. Jia, the company's CEO, that he intends to seek legal guidance with a securities lawyer as to the best way to provide the GLCC shareholder base with entry into Robox. The options currently in consideration include a straight share exchange agreement, free trading shares with some managed leak out to prevent a rapid share decline and obviously with a significant premium paid to all GLCC shareholders. Alternatively, a new share distribution of Robox to the Good Life shareholders is an option. In order to keep the dilution to a minimum Mr. Winters suggestion that the key management of Good Life China follow his example and receive no new shares of Robox. This proposal was accepted by the Good Life board. (For services as a Secretary of Good Life China Mr. Winters receives compensation of $1.00 per year plus stock for services rendered. Mr. Winters is a philanthropist. He has never sold any stock in the companies he acts as a Secretary or an advisor and instead donates 100% these stock proceeds to charity)."
The issuer continues to work with the packaging company (see filings on Pink Sheets) and distributions the issuer intends to make to its broad shareholder base. Mr. Yves Yang added, "2009 indeed is shaping up to be a very promising year for Good Life China. We anxiously await arrival of our advisors to the home office here in Beijing in January to conclude all of these pending business matters."
In other company news, the issuer's corporate advisor on behalf of the issuer has served notice to Westmount Resources, an OTCBB quoted company, that Good Life China intends to issue a statement of claim (a complaint in USA) in an Ontario, Canada court for certain business matters, as per the issuers filings and notice of intent dating back to May-June 2008 unless it receives relief from Westmount or its direct managers. Mr. Yves Yang concluded, "This was the original targeted merger or split off company for our logistics division and after the transaction became frustrated we looked at other markets and were introduced to Robox. One way or another we remain committed to transforming Good Life China into a larger more stronger entity."
The issuer will provide further details as they become available.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet http://www.pinksheets.com/ filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
Mr. Yves Yang, the company spokesperson, said, "The company's management sees Robox as a great vehicle with its share price of $1.00 as the best suitable option for its logistics division. We are well underway with the Robox transaction, and although the 2nd USA based company is attractive we can not release its name until we have reached a more concrete ground with them. Mr. Garr Winters, the company's Secretary, has advised Good Life management and Ms. Jia, the company's CEO, that he intends to seek legal guidance with a securities lawyer as to the best way to provide the GLCC shareholder base with entry into Robox. The options currently in consideration include a straight share exchange agreement, free trading shares with some managed leak out to prevent a rapid share decline and obviously with a significant premium paid to all GLCC shareholders. Alternatively, a new share distribution of Robox to the Good Life shareholders is an option. In order to keep the dilution to a minimum Mr. Winters suggestion that the key management of Good Life China follow his example and receive no new shares of Robox. This proposal was accepted by the Good Life board. (For services as a Secretary of Good Life China Mr. Winters receives compensation of $1.00 per year plus stock for services rendered. Mr. Winters is a philanthropist. He has never sold any stock in the companies he acts as a Secretary or an advisor and instead donates 100% these stock proceeds to charity)."
The issuer continues to work with the packaging company (see filings on Pink Sheets) and distributions the issuer intends to make to its broad shareholder base. Mr. Yves Yang added, "2009 indeed is shaping up to be a very promising year for Good Life China. We anxiously await arrival of our advisors to the home office here in Beijing in January to conclude all of these pending business matters."
In other company news, the issuer's corporate advisor on behalf of the issuer has served notice to Westmount Resources, an OTCBB quoted company, that Good Life China intends to issue a statement of claim (a complaint in USA) in an Ontario, Canada court for certain business matters, as per the issuers filings and notice of intent dating back to May-June 2008 unless it receives relief from Westmount or its direct managers. Mr. Yves Yang concluded, "This was the original targeted merger or split off company for our logistics division and after the transaction became frustrated we looked at other markets and were introduced to Robox. One way or another we remain committed to transforming Good Life China into a larger more stronger entity."
The issuer will provide further details as they become available.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet http://www.pinksheets.com/ filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
Tuesday, December 23, 2008
Chengdu City Officials Proposal of Landstar (LDSR)
BEIJING, Dec. 23 /PRNewswire-FirstCall/ - Land Star Inc. (www.landstarcorp.com) recently met with officials of Chengdu City to propose an oil & gas recovery project for the entire city.
The meeting was an exchange of ideas regarding the project's technological aspects, resulting in a common understanding on how the project could go forward.
The officials of the Chengdu municipal government noted that the government would further study the proposal brought forward by Chuguan and, based on the discussions, release the necessary relevant government policies as soon as possible to support and push this project forward.
Mr. Li Congtang, Chairman of Hubei Chuguan Industry Co., Ltd. noted; "We are very pleased with the results of the meeting. The officials now understand how to approach this type of project on a citywide basis. The next step for them is to formulate the official policy in terms of the proper approach to the project, which will take the best advantage of the technology solutions we put forward. We expect further discussions as the project comes closer to a target implementation date."
Located in southwest People's Republic of China, Chengdu City is the capital of Sichuan province and has a population of 11 million people. Chengdu is one of the most important economic centers and transportation and communication hubs in South-western China. According to the 2007 Public Appraisal for Best Chinese Cities for Investment, Chengdu was chosen as one of the top ten cities to invest in, out of a total of 280 urban centers.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet filings (www.pinksheets.com), and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
The meeting was an exchange of ideas regarding the project's technological aspects, resulting in a common understanding on how the project could go forward.
The officials of the Chengdu municipal government noted that the government would further study the proposal brought forward by Chuguan and, based on the discussions, release the necessary relevant government policies as soon as possible to support and push this project forward.
Mr. Li Congtang, Chairman of Hubei Chuguan Industry Co., Ltd. noted; "We are very pleased with the results of the meeting. The officials now understand how to approach this type of project on a citywide basis. The next step for them is to formulate the official policy in terms of the proper approach to the project, which will take the best advantage of the technology solutions we put forward. We expect further discussions as the project comes closer to a target implementation date."
Located in southwest People's Republic of China, Chengdu City is the capital of Sichuan province and has a population of 11 million people. Chengdu is one of the most important economic centers and transportation and communication hubs in South-western China. According to the 2007 Public Appraisal for Best Chinese Cities for Investment, Chengdu was chosen as one of the top ten cities to invest in, out of a total of 280 urban centers.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet filings (www.pinksheets.com), and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
Monday, December 22, 2008
Nexia Outlines Marketing Efforts
SALT LAKE CITY, UT--(MARKET WIRE)--Dec 22, 2008 -- Nexia Holdings, Inc. (OTC BB:NXHD.OB - News) (Other OTC:GRNE.PK - News) announced that management is both reviewing and planning for its advertising and marketing efforts in 2009. CEO Richard Surber stated that, "I first want our shareholders, employees, and customers to be aware of some of the unique and traditional marketing efforts that have occurred over 2008 and how we plan to improve upon those efforts in 2009."
The following is a list of traditional media which include magazines, newspapers, mailers, radio, email, press releases, and other means that we have used or been featured in during 2008:
-- Salt Lake Tribune with a weekly readership of approximately 900,000 which we recently ran a half page ad this last weekend.
-- Salt Lake Magazine is a high end magazine distributed throughout the Salt Lake Valley.
-- IN Utah This Week is a weekly newspaper that features our companies on a weekly basis to the hipster crowd and has a circulation of about 40,000.
-- Yellow Pages.
-- Hometown Values is a discount mailer to thousands of households in the Salt Lake Valley.
-- American Salon Magazine has ranked Landis Lifestyle Salon as the #1 salon in Utah.
-- Utah Business Magazine has ranked Nexia as the 33rd largest public company in Utah based upon 2007 revenues.
-- DEX Yellow Pages.
-- Verizon Yellow Pages.
-- M6 Marketing is a text messaging service; we recently signed a 12 month contract with them.
-- KCPW Radio is the local station for National Public Radio. Nexia is a proud supporter of this station.
"Our biggest and most effective way to get the word out on our salon products and services is word of mouth at the local level coupled with throwing events to show our appreciation for our clients. I am cultivating my success into our New Artist Stylists," noted Logan Fast, Master Stylist at Landis Salons and newly appointed Vice President of Green Endeavors Ltd. (Other OTC:GRNE.PK - News).
Fast continued, "In 2009, I will release more specifics on who we will be advertising with and how Nexia can generate further interest in its products and services. In addition to traditional marketing, I hope to be able to lay out how we intend to better inform the investment community about Nexia, this will focus heavily on our web presence.
"A critical element to Nexia's success will be to make sure that Nexia's marketing dollars continue to be well spent. I look forward to 2009 when our agreement with Clearvision International, Inc. kicks in with an estimated value of about $2M in media which should include celebrity endorsements, billboards, TV, radio, and more."
For more information on Clearvision International, Inc. you can go to their web site at www.fortunebroadcasting.com.
About Nexia Holdings, Inc.
Nexia Holdings, Inc. (OTC BB:NXHD.OB - News), headquartered in Salt Lake City, Utah, is a diversified holdings company with operations in real estate, health & beauty, and fashion retail. Nexia, through its majority owned subsidiary Green Endeavors Ltd. (Other OTC:GRNE.PK - News) www.green-endeavors.com, owns Landis Salons, Inc., www.landissalons.com, a hair salon built around the world-class AVEDA(TM) product line. Through its Style Perfect, Inc. subsidiary, Nexia owns the innovative retail and design firm Black Chandelier and its related brands. Black Chandelier currently operates one retail location and online store at www.blackchandelier.com. For more information, visit www.nexiaholdings.com.
Nexia strongly encourages the public to read the above information in conjunction with its Form 10-K for December 31, 2007, its subsequent quarterly reports in 2008 and Form 8Ks. Nexia's disclosures can be viewed at www.nexiaholdings.com and www.sec.gov.
The following is a list of traditional media which include magazines, newspapers, mailers, radio, email, press releases, and other means that we have used or been featured in during 2008:
-- Salt Lake Tribune with a weekly readership of approximately 900,000 which we recently ran a half page ad this last weekend.
-- Salt Lake Magazine is a high end magazine distributed throughout the Salt Lake Valley.
-- IN Utah This Week is a weekly newspaper that features our companies on a weekly basis to the hipster crowd and has a circulation of about 40,000.
-- Yellow Pages.
-- Hometown Values is a discount mailer to thousands of households in the Salt Lake Valley.
-- American Salon Magazine has ranked Landis Lifestyle Salon as the #1 salon in Utah.
-- Utah Business Magazine has ranked Nexia as the 33rd largest public company in Utah based upon 2007 revenues.
-- DEX Yellow Pages.
-- Verizon Yellow Pages.
-- M6 Marketing is a text messaging service; we recently signed a 12 month contract with them.
-- KCPW Radio is the local station for National Public Radio. Nexia is a proud supporter of this station.
"Our biggest and most effective way to get the word out on our salon products and services is word of mouth at the local level coupled with throwing events to show our appreciation for our clients. I am cultivating my success into our New Artist Stylists," noted Logan Fast, Master Stylist at Landis Salons and newly appointed Vice President of Green Endeavors Ltd. (Other OTC:GRNE.PK - News).
Fast continued, "In 2009, I will release more specifics on who we will be advertising with and how Nexia can generate further interest in its products and services. In addition to traditional marketing, I hope to be able to lay out how we intend to better inform the investment community about Nexia, this will focus heavily on our web presence.
"A critical element to Nexia's success will be to make sure that Nexia's marketing dollars continue to be well spent. I look forward to 2009 when our agreement with Clearvision International, Inc. kicks in with an estimated value of about $2M in media which should include celebrity endorsements, billboards, TV, radio, and more."
For more information on Clearvision International, Inc. you can go to their web site at www.fortunebroadcasting.com.
About Nexia Holdings, Inc.
Nexia Holdings, Inc. (OTC BB:NXHD.OB - News), headquartered in Salt Lake City, Utah, is a diversified holdings company with operations in real estate, health & beauty, and fashion retail. Nexia, through its majority owned subsidiary Green Endeavors Ltd. (Other OTC:GRNE.PK - News) www.green-endeavors.com, owns Landis Salons, Inc., www.landissalons.com, a hair salon built around the world-class AVEDA(TM) product line. Through its Style Perfect, Inc. subsidiary, Nexia owns the innovative retail and design firm Black Chandelier and its related brands. Black Chandelier currently operates one retail location and online store at www.blackchandelier.com. For more information, visit www.nexiaholdings.com.
Nexia strongly encourages the public to read the above information in conjunction with its Form 10-K for December 31, 2007, its subsequent quarterly reports in 2008 and Form 8Ks. Nexia's disclosures can be viewed at www.nexiaholdings.com and www.sec.gov.
Hubei Chuguan (LDSR) in Business Talks with Korea
BEIJING, Dec. 22 /PRNewswire-FirstCall/ - Land Star Inc. (www.landstarcorp.com) Landstar Chairman Mr. Li Congtang recently met with Mr. Ahn Yeon Soon, the Environment Counsellor of the Embassy of the Republic of Korea, regarding Korea's commitment to nationwide oil and gas vapour recovery program.
The officials discussed environmental issues related to the oil and gas industry, and in particular, Chuguan's oil & gas recovery solution. Landstar briefed the Korean official on the current status of oil & gas recovery projects in China and the three compulsory national standards in place regarding the storage and transfer of petroleum products.
Mr. Ahn Yeon Soon explained the urgent need to address oil & gas recovery initiatives in Korea. Similarly to China, Korea suffers from serious air pollution problems. During the period of the 2002 World Cup Football Games, all gas stations and oil depots in Korea were closed during daylight hours in order to minimize the pollution problems caused by fuel vapour evaporation at retail gas stations.
He went on to explain that Korea lacked oil & gas recovery technology as recently as last year, with the exception of some licensed technologies from other countries. The Korean government has made the introduction of this technology a major priority, and plans to address the problems in three phases.
The initial phase of oil & gas recovery projects centers on the installation of oil vapour recovery units to be installed in approximately 3000 gas stations throughout the country. The target deadline is to see phase one completed by 2010 starting with 6 major cities including Seoul and Busan.
A key factor working in Chuguan's favour is its experiencing installing gas vapour recovery units in all Sinopec gas stations throughout China. Sinopec is the third largest oil refiner in the world and is ranked # 5 in terms of ethylene capacity and # 3 in terms of number of service stations in the world.
After presenting Chuguan's technical features and competitive advantages, as well as rough pricing guidelines to assist in estimating costs and economic benefits of implementing these solutions, Counsellor Ahn invited Mr. Li Congtang to visit Korea, and undertook to arrange one-on-one meetings with key industry sector enterprises to discuss new business opportunities for Landstar in Korea.
Land Star Chairman Mr. Li Congtang, states, "We are honored to be given this important opportunity. I think it is vital that Asia develops its own proprietary technologies in key industry sectors such as ours. We need to be out front with innovations, and offer Asian based technology solutions for all Asian markets. As our economies develop, we have to move beyond a low-cost labour economy, and become a legitimate technology player on the world stage."
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet filings (www.pinksheets.com), and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
The officials discussed environmental issues related to the oil and gas industry, and in particular, Chuguan's oil & gas recovery solution. Landstar briefed the Korean official on the current status of oil & gas recovery projects in China and the three compulsory national standards in place regarding the storage and transfer of petroleum products.
Mr. Ahn Yeon Soon explained the urgent need to address oil & gas recovery initiatives in Korea. Similarly to China, Korea suffers from serious air pollution problems. During the period of the 2002 World Cup Football Games, all gas stations and oil depots in Korea were closed during daylight hours in order to minimize the pollution problems caused by fuel vapour evaporation at retail gas stations.
He went on to explain that Korea lacked oil & gas recovery technology as recently as last year, with the exception of some licensed technologies from other countries. The Korean government has made the introduction of this technology a major priority, and plans to address the problems in three phases.
The initial phase of oil & gas recovery projects centers on the installation of oil vapour recovery units to be installed in approximately 3000 gas stations throughout the country. The target deadline is to see phase one completed by 2010 starting with 6 major cities including Seoul and Busan.
A key factor working in Chuguan's favour is its experiencing installing gas vapour recovery units in all Sinopec gas stations throughout China. Sinopec is the third largest oil refiner in the world and is ranked # 5 in terms of ethylene capacity and # 3 in terms of number of service stations in the world.
After presenting Chuguan's technical features and competitive advantages, as well as rough pricing guidelines to assist in estimating costs and economic benefits of implementing these solutions, Counsellor Ahn invited Mr. Li Congtang to visit Korea, and undertook to arrange one-on-one meetings with key industry sector enterprises to discuss new business opportunities for Landstar in Korea.
Land Star Chairman Mr. Li Congtang, states, "We are honored to be given this important opportunity. I think it is vital that Asia develops its own proprietary technologies in key industry sectors such as ours. We need to be out front with innovations, and offer Asian based technology solutions for all Asian markets. As our economies develop, we have to move beyond a low-cost labour economy, and become a legitimate technology player on the world stage."
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet filings (www.pinksheets.com), and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
Sunday, December 21, 2008
Sino Payments to Provide Card Processing for Asia's Largest Retailers
HONG KONG--(MARKET WIRE)--Dec 17, 2008 -- Sino Payments, Inc. (OTC BB:SNPY.OB - News) is pleased to announce that it has received clearance from the National Association of Securities Dealers (NASD) to trade on the Over the Counter Bulletin Board under the trading symbol SNPY.
Sino Payments is an Asian-based credit and debit card processing merchant services company, which has developed an IP (Internet Protocol) processing network to provide credit and debit card clearing services to merchants and financial institutions in China and regionally in Asia. The primary focus of future development efforts will be the rapidly growing Chinese credit and debit card market. Sino Payments aims to become a leading China-wide provider of world-class IP transaction processing services to bankcard accepting merchants.
Matthew Mecke, Chairman & CEO of Sino Payments, commented, "We have been working for some time to complete our system and company product offering to be able to bring added value to the credit card processing business throughout Asia and particularly for international merchants doing business in China. We are confident that we will be in a position to begin providing services to an initial group of clients within the coming months and will focus our efforts on rapidly building out our China client network. Initially we will be focused on key target markets in China as well as large regional retail merchants with stores across Asia."
About Sino Payments, Inc.
Sino Payments is a Nevada incorporated company with offices in Hong Kong. Sino Payments proprietary IP transaction processing system was designed to convert transaction processing systems from old type dial-up point-of-sale systems connected to sophisticated check out terminals to a modern seamless IP transaction process, thereby reducing credit and debit card transaction processing times by half at checkout. Sino Payments Global Payment Processing Platform was built and designed with large Asian multinational retailers in mind so as to deploy the same IP transaction processing capability for all stores spread out throughout the Asia Pacific region.
For more information about Sino Payments, Inc. (Sino Pay), please visit: www.sinopayments.com
FORWARD-LOOKING-STATEMENT:
Except for factual statements made herein, the information contained in this press release consists of forward-looking statements that involve risks and uncertainties, including the effect of changing economic conditions, competition within the credit and security industry, customer acceptance of products and other risks and uncertainties. Such forward-looking statements are not guarantees of performance, and Sino Payments, Inc. results could differ materially from those contained in such statements. These forward-looking statements speak only as of the date of this release, and Sino Payments, Inc. undertakes no obligation to publicly update any forward-looking statements to reflect new information, events or circumstances after the date of this release.
Sino Payments is an Asian-based credit and debit card processing merchant services company, which has developed an IP (Internet Protocol) processing network to provide credit and debit card clearing services to merchants and financial institutions in China and regionally in Asia. The primary focus of future development efforts will be the rapidly growing Chinese credit and debit card market. Sino Payments aims to become a leading China-wide provider of world-class IP transaction processing services to bankcard accepting merchants.
Matthew Mecke, Chairman & CEO of Sino Payments, commented, "We have been working for some time to complete our system and company product offering to be able to bring added value to the credit card processing business throughout Asia and particularly for international merchants doing business in China. We are confident that we will be in a position to begin providing services to an initial group of clients within the coming months and will focus our efforts on rapidly building out our China client network. Initially we will be focused on key target markets in China as well as large regional retail merchants with stores across Asia."
About Sino Payments, Inc.
Sino Payments is a Nevada incorporated company with offices in Hong Kong. Sino Payments proprietary IP transaction processing system was designed to convert transaction processing systems from old type dial-up point-of-sale systems connected to sophisticated check out terminals to a modern seamless IP transaction process, thereby reducing credit and debit card transaction processing times by half at checkout. Sino Payments Global Payment Processing Platform was built and designed with large Asian multinational retailers in mind so as to deploy the same IP transaction processing capability for all stores spread out throughout the Asia Pacific region.
For more information about Sino Payments, Inc. (Sino Pay), please visit: www.sinopayments.com
FORWARD-LOOKING-STATEMENT:
Except for factual statements made herein, the information contained in this press release consists of forward-looking statements that involve risks and uncertainties, including the effect of changing economic conditions, competition within the credit and security industry, customer acceptance of products and other risks and uncertainties. Such forward-looking statements are not guarantees of performance, and Sino Payments, Inc. results could differ materially from those contained in such statements. These forward-looking statements speak only as of the date of this release, and Sino Payments, Inc. undertakes no obligation to publicly update any forward-looking statements to reflect new information, events or circumstances after the date of this release.
Nexia Assembles New Real Estate Acquisition Team
SALT LAKE CITY, UT--(MARKET WIRE)--Dec 18, 2008 -- Nexia Holdings, Inc. (OTC BB:NXHD.OB - News), a diversified holdings company with operations in real estate, health & beauty, and fashion retail announced today that Wasatch Capital Corporation, a subsidiary of Nexia's, has appointed new officers to manage the real estate operations that will be expanding under Wasatch's ownership.
Richard Surber, CEO of Nexia Holdings, commented, "The team that Nexia is assembling will be key to our future success as a real estate holdings company. These professionals will take Nexia in a new direction. I have a high level of confidence in all three new officers of Wasatch Capital Corporation."
The appointments are as follows: Casey J. Coleman as President, Corey Vandenberg as Vice President, and William Pettet as Secretary/Treasurer. All of these appointments are effective immediately.
Casey J. Coleman, the new President, has been heavily involved in the real estate market for more the 15 years. He has worked as a Realtor and has helped numerous investors buy and sell properties from single family properties to multi-unit apartments. For almost five years Casey was owner and CEO of Rental Finders, one of the largest property management companies in Salt Lake City. Mr. Coleman has recent experience managing a real estate portfolio in excess of $10 million and he will use his expertise to effectively manage Nexia's growing real estate holdings.
Corey Vandenberg, the new Vice President, has been involved in real estate investing and consulting since 1998. As a consultant with Foreclosure Rescue Services, he has helped thousands of homeowners avoid foreclosure, save their personal residences, and preserve their equity and credit rating. Corey founded Utah Foreclosure Advocates in 2002, offering a free service to homeowners that sought to obtain favorable work out conditions to avoid the loss of a home to foreclosure. These activities have created a substantial network in the industry that includes loss mitigation companies, bankruptcy trustees, and legal counsel; all helpful in avoiding the pitfalls of foreclosure.
William Pettet, the new Secretary/Treasurer, has worked in the real estate industry since 1999 as an investor, consultant, and mortgage professional. He has founded several successful real estate businesses including Wasatch Investment Properties and Credit Solutions, LLC. In 2007 he became the Vice President and CFO of Trinity Financial Services, a Utah mortgage broker.
With the record number of foreclosures, banks have a swelling portfolio of Real Estate Owned properties. Nexia/Wasatch is working with employees at various local and regional banks to begin discussions about purchasing a portion of those assets.
Wasatch is also talking with numerous individual investors who purchased real estate during the recent market boom. Generally these investors have homes in the Salt Lake City Utah market that ranges from 5 homes to 100+ homes. With the changing real estate market, many of these investors see Nexia as a strong exit strategy to liquidate their portfolios.
About Nexia Holdings, Inc.
Nexia Holdings, Inc., headquartered in Salt Lake City, Utah, is a diversified holdings company with operations in real estate, health & beauty, and fashion retail. The Company has been acquiring undervalued properties in the Salt Lake City area since the early 1990s. Nexia owns a majority interest in Landis Lifestyle Salon, www.landissalons.com, and operates one Black Chandelier retail location and an online store at www.blackchandelier.com. For more information, visit www.nexiaholdings.com.
Richard Surber, CEO of Nexia Holdings, commented, "The team that Nexia is assembling will be key to our future success as a real estate holdings company. These professionals will take Nexia in a new direction. I have a high level of confidence in all three new officers of Wasatch Capital Corporation."
The appointments are as follows: Casey J. Coleman as President, Corey Vandenberg as Vice President, and William Pettet as Secretary/Treasurer. All of these appointments are effective immediately.
Casey J. Coleman, the new President, has been heavily involved in the real estate market for more the 15 years. He has worked as a Realtor and has helped numerous investors buy and sell properties from single family properties to multi-unit apartments. For almost five years Casey was owner and CEO of Rental Finders, one of the largest property management companies in Salt Lake City. Mr. Coleman has recent experience managing a real estate portfolio in excess of $10 million and he will use his expertise to effectively manage Nexia's growing real estate holdings.
Corey Vandenberg, the new Vice President, has been involved in real estate investing and consulting since 1998. As a consultant with Foreclosure Rescue Services, he has helped thousands of homeowners avoid foreclosure, save their personal residences, and preserve their equity and credit rating. Corey founded Utah Foreclosure Advocates in 2002, offering a free service to homeowners that sought to obtain favorable work out conditions to avoid the loss of a home to foreclosure. These activities have created a substantial network in the industry that includes loss mitigation companies, bankruptcy trustees, and legal counsel; all helpful in avoiding the pitfalls of foreclosure.
William Pettet, the new Secretary/Treasurer, has worked in the real estate industry since 1999 as an investor, consultant, and mortgage professional. He has founded several successful real estate businesses including Wasatch Investment Properties and Credit Solutions, LLC. In 2007 he became the Vice President and CFO of Trinity Financial Services, a Utah mortgage broker.
With the record number of foreclosures, banks have a swelling portfolio of Real Estate Owned properties. Nexia/Wasatch is working with employees at various local and regional banks to begin discussions about purchasing a portion of those assets.
Wasatch is also talking with numerous individual investors who purchased real estate during the recent market boom. Generally these investors have homes in the Salt Lake City Utah market that ranges from 5 homes to 100+ homes. With the changing real estate market, many of these investors see Nexia as a strong exit strategy to liquidate their portfolios.
About Nexia Holdings, Inc.
Nexia Holdings, Inc., headquartered in Salt Lake City, Utah, is a diversified holdings company with operations in real estate, health & beauty, and fashion retail. The Company has been acquiring undervalued properties in the Salt Lake City area since the early 1990s. Nexia owns a majority interest in Landis Lifestyle Salon, www.landissalons.com, and operates one Black Chandelier retail location and an online store at www.blackchandelier.com. For more information, visit www.nexiaholdings.com.
Thursday, December 18, 2008
Land Star (LDSR) Finalizes Mexican Transaction With MexMin Mining Company
BEIJING, Dec. 18 /PRNewswire-FirstCall/ - Land Star Inc. (LDSR) www.landstarcorp.com Landstar is pleased to announce the closing of the Mexican component of the MexMin mining opportunity having closed Colorado just recently in November. The Mexico project involves a highly prospective gold silver vein system deposit which was an old Spanish mine. Recent assays of in excess of 1 km of strike have graded as high as 1.23 ounces gold and 200 ounces silver all within 15km of a processing facility. The low wage environment in Mexico, the large acreage and the willingness of the locals to develop this mine, pave the way for early cashflow from this project. Landstar geologists have taken further assays of the resource to further expand the extent of this high grade deposit, the results of which we will announce shortly. The projects in Colorado and Mexico along with the Oil Vapor recovery technology in China represent exciting times ahead for Landstar.
In other corporate news, the company continues its 3 way in negotiations with a separate energy company, as a possible merger target and also sharing its technology through licensing means or other available vehicles with a Germany based publicly traded company. The company will make further announcements shortly.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet filings (www.pinksheets.com), and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
In other corporate news, the company continues its 3 way in negotiations with a separate energy company, as a possible merger target and also sharing its technology through licensing means or other available vehicles with a Germany based publicly traded company. The company will make further announcements shortly.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet filings (www.pinksheets.com), and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
Wednesday, December 17, 2008
Good Life China Corporation (GLCC) Undervalued Stock Survey
BEIJING, Dec. 17 /PRNewswire-FirstCall/ - Good Life China Corporation www.goodlifechina.com (GLCC) is pleased to advise that it has published preliminary results from its investor survey on the Pink Sheets. They can be viewed at http://pinksheets.com/pink/quote/quote.jsp?symbol=glcc (under Research Report menu tab)
The survey is still open to respondents, and can be found at www.goodlifechina.com/survey
The findings indicate 71% of respondents indicated that they feel the stock price is very 'undervalued', and there is a general expectation that the stock has significant upside potential. Almost three quarters of respondents indicate that they have owned GLCC stock for 2 months or longer.
A more detailed analysis of the survey results will be released once the survey is completed later this week. In the interim, the Company is reviewing the initial data, and particularly the comments and questions as input for the telephone conference call scheduled later this week.
Investors who wish to participate are invited to complete the survey and submit their email address as requested in the survey.
In other news, the Company is pleased to report that a recent article written about Rural Life in China has been published online. The article provides a real life perspective on the impact of Good Life stores in small rural villages China. The article has been made available for interested investors on Pink Sheets under company news at http://pinksheets.com/pink/quote/quote.jsp?symbol=glcc.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
The survey is still open to respondents, and can be found at www.goodlifechina.com/survey
The findings indicate 71% of respondents indicated that they feel the stock price is very 'undervalued', and there is a general expectation that the stock has significant upside potential. Almost three quarters of respondents indicate that they have owned GLCC stock for 2 months or longer.
A more detailed analysis of the survey results will be released once the survey is completed later this week. In the interim, the Company is reviewing the initial data, and particularly the comments and questions as input for the telephone conference call scheduled later this week.
Investors who wish to participate are invited to complete the survey and submit their email address as requested in the survey.
In other news, the Company is pleased to report that a recent article written about Rural Life in China has been published online. The article provides a real life perspective on the impact of Good Life stores in small rural villages China. The article has been made available for interested investors on Pink Sheets under company news at http://pinksheets.com/pink/quote/quote.jsp?symbol=glcc.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
Trend Forecasters Predict Growth for Land Star (LDSR) Industry Sector
BEIJING, China, Dec. 17 /PRNewswire-FirstCall/ - Land Star Inc. (www.landstarcorp.com) finds itself extremely well positioned in a timely and enviable market segment. Trends Research Institute calls the environmental remediation sector "more powerful than high tech and paying much better than the booming health care sector". Other top forecasters predict that "Conservation Engineers" and "companies such as Land Star" that are skilled in providing enviro-smart solutions will be among the most handsomely rewarded and sought after business segments for the next several decades.
Land Star Chairman Mr. Li Congtang, states; "We are more focused on reducing the 'carbon footprint' of our clients. What makes our products all the more compelling to the oil and gas infrastructure players, is the fact that we offer savings and generate a positive return on investment that is measurable and meaningful."
According to the World Resources Institute, protecting biodiversity in a time of increased resource consumption, overpopulation, and environmental degradation will be essential to species protection in the next century.
"Our company is committed to design, manufacturing and selling safe and environmental-friendly facilities for the petrochemical industry. And our product is widely used in petrochemical, power, metallurgy transportation and textile industries" states Mr. Li Congtang.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet filings (www.pinksheets.com), and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
Land Star Chairman Mr. Li Congtang, states; "We are more focused on reducing the 'carbon footprint' of our clients. What makes our products all the more compelling to the oil and gas infrastructure players, is the fact that we offer savings and generate a positive return on investment that is measurable and meaningful."
According to the World Resources Institute, protecting biodiversity in a time of increased resource consumption, overpopulation, and environmental degradation will be essential to species protection in the next century.
"Our company is committed to design, manufacturing and selling safe and environmental-friendly facilities for the petrochemical industry. And our product is widely used in petrochemical, power, metallurgy transportation and textile industries" states Mr. Li Congtang.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet filings (www.pinksheets.com), and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
Tuesday, December 16, 2008
Good Life China Corporation (GLCC) Launches Investor Survey
BEIJING, Dec. 16 /PRNewswire-FirstCall/ - Good Life China Corporation www.goodlifechina.com (GLCC) is pleased to advise that it has posted an investor survey to solicit input from its investors. The survey can be found at www.goodlifechina.com/survey (The survey link is scheduled to go live on Dec 16 2008).
As previously announced, the Company also plans to hold a conference call with up to 20 investors shortly. Investors who wish to participate are invited to complete the survey and submit their email address as requested in the survey.
In addition, the Company will review comments and input from the survey results, and try to include topics that address the questions investors may have about the Company.
The Company will announce the date and time of the conference call once it has a chance to review survey results.
The Company will also announce survey results once they are fully processed and reviewed.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
As previously announced, the Company also plans to hold a conference call with up to 20 investors shortly. Investors who wish to participate are invited to complete the survey and submit their email address as requested in the survey.
In addition, the Company will review comments and input from the survey results, and try to include topics that address the questions investors may have about the Company.
The Company will announce the date and time of the conference call once it has a chance to review survey results.
The Company will also announce survey results once they are fully processed and reviewed.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
Monday, December 15, 2008
Good Life China Corporation (GLCC) Forward Guidance
BEIJING, Dec. 15 /PRNewswire-FirstCall/ - Good Life China Corporation www.goodlifechina.com (GLCC) has been undergoing a strategic review in anticipation of the Company's plans for 2009. The Company will be posting additional disclosures and updates on the Pink sheets as well as updates through press releases and on its website.
Company Chairwoman Dongmei Jia provided the following insights; "Our business continues to grow organically through new store 'members' and new suppliers who join our online e-commerce, logistics and distribution platform. Developing effective, modern infrastructure to improve the standard of living in rural China remains a high-profile agenda for all levels of government. We are proud to say that Good Life is looked upon as one of the leading companies implementing effective, leading-edge solutions that directly address these issues. As such, we benefit from government support (direct financial support and endorsements by various levels of government as a 'solutions provider'). In short, our business continues to grow and demonstrate growing profits.
However, we are relatively new to the U.S. capital markets, and it is obvious to us that the value being placed on the company's shares and the market capitalization seem to grossly understate our perception of the Company's true value. As a result, have been working with our North American counsel to develop a strategy to unlock value in the Company's common stock.
As previously announced, we are planning to spin-off our logistics operations to a separate public company, as the logistics operations is the largest company profit center, and its business model is highly scalable, with few constraints to accelerated growth. Our expectation is to provide direct participation to our shareholders in the new company.
We have also begun discussions with a North American based printing and packaging manufacturer with revenues in the 10 million dollar range and assets in the 6 million range, with the intent of establishing a formal cooperation agreement, or even a possible merger that will see synergies on both sides.
We believe it is vital to solicit input from our shareholders at this time, and we will be executing two initiatives in this regards within the next few days. We will be launching a shareholder questionnaire on our website within the next day or two to provide a valuable opportunity for our shareholders to provide feedback on our plans and future growth prospects.
In addition, we will be inviting up to 20 respondents to the questionnaire to join us for a conference call with our North American Investor Relations representatives to take place later this week.
As the year comes to a close, we are proud of the accomplishments made this year, and excited about our future prospects. We will continue to look for opportunities to provide additional guidance on our achievements and their impact on the bottom line looking forward towards 2009."
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet (www.pinksheets.com) filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Company Chairwoman Dongmei Jia provided the following insights; "Our business continues to grow organically through new store 'members' and new suppliers who join our online e-commerce, logistics and distribution platform. Developing effective, modern infrastructure to improve the standard of living in rural China remains a high-profile agenda for all levels of government. We are proud to say that Good Life is looked upon as one of the leading companies implementing effective, leading-edge solutions that directly address these issues. As such, we benefit from government support (direct financial support and endorsements by various levels of government as a 'solutions provider'). In short, our business continues to grow and demonstrate growing profits.
However, we are relatively new to the U.S. capital markets, and it is obvious to us that the value being placed on the company's shares and the market capitalization seem to grossly understate our perception of the Company's true value. As a result, have been working with our North American counsel to develop a strategy to unlock value in the Company's common stock.
As previously announced, we are planning to spin-off our logistics operations to a separate public company, as the logistics operations is the largest company profit center, and its business model is highly scalable, with few constraints to accelerated growth. Our expectation is to provide direct participation to our shareholders in the new company.
We have also begun discussions with a North American based printing and packaging manufacturer with revenues in the 10 million dollar range and assets in the 6 million range, with the intent of establishing a formal cooperation agreement, or even a possible merger that will see synergies on both sides.
We believe it is vital to solicit input from our shareholders at this time, and we will be executing two initiatives in this regards within the next few days. We will be launching a shareholder questionnaire on our website within the next day or two to provide a valuable opportunity for our shareholders to provide feedback on our plans and future growth prospects.
In addition, we will be inviting up to 20 respondents to the questionnaire to join us for a conference call with our North American Investor Relations representatives to take place later this week.
As the year comes to a close, we are proud of the accomplishments made this year, and excited about our future prospects. We will continue to look for opportunities to provide additional guidance on our achievements and their impact on the bottom line looking forward towards 2009."
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet (www.pinksheets.com) filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Land Star Inc. (LDSR) Books $6.75 million in New Projects in November
BEIJING, Dec. 15 /PRNewswire-FirstCall/ - Land Star Inc. (www.landstarcorp.com) is pleased to provide an update on November results. Oil and Gas recovery projects were booked with a total of 15 Chinese oil depots in November. The total contract value totals RMB 46.25 million yuan, or approximately $6.75 million USD.
Mr. Li Congtang, Chairman of the company, advised, "We are pleased to report to our shareholders that the extensive research and development that first began in the early 1990s is gaining excellent market acceptance. Our proprietary techniques and full service solutions are being seen as a leading contender by an increasing number of participants throughout the Chinese oil and gas industry. We are even starting to get serious notice in other Asian markets."
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet filings (www.pinksheets.com), and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
Mr. Li Congtang, Chairman of the company, advised, "We are pleased to report to our shareholders that the extensive research and development that first began in the early 1990s is gaining excellent market acceptance. Our proprietary techniques and full service solutions are being seen as a leading contender by an increasing number of participants throughout the Chinese oil and gas industry. We are even starting to get serious notice in other Asian markets."
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet filings (www.pinksheets.com), and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
Sunday, December 14, 2008
Paivis, Corp. Announces Spin-Off Into Another Public Company to Be Finalized by January 31, 2009
ATLANTA, GA--(MARKET WIRE)--Dec 12, 2008 -- Paivis, Corp. (Other OTC:PAVC.PK - News) ("Paivis" or the "Company") today announces the Company expects to finalize the recently announced spin-off into another public company by January 31, 2009.
The Company looks forward to making a joint announcement, with the public company we are in discussions with, as early as the end of this year.
The Company has made significant progress on its spin-off plans and believes it can meet this timeline.
As stated previously, management is committed to providing shareholder value in this challenging economic environment. The Company's reasons for executing a spin-off transaction of this type include among other things, to dividend the shares of this new public company to Paivis' existing shareholders and to take advantage of strategic opportunities without taking on additional debt.
The spin-off company is planned to be a part of Paivis' operations, which may include one of its planned acquisitions. The Company will provide further details of the spin-off plan as developments occur.
About Paivis, Corp.
Paivis, Corp. is a wholesale telecommunications carrier that sells prepaid "point-of-sale activated" and live cards. Paivis generates its revenues through the sale of prepaid calling cards and wireless services, and international wholesale termination. Products are sold throughout many of the country's major retail outlets.
FORWARD-LOOKING STATEMENTS
The Private Securities Litigation Reform Act of 1995 (the "PSLRA") provides a "safe harbor" for forward-looking statements so long as those statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in such statements.
Statements contained herein that are not based on historical fact, as well as other statements including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "could" and other similar expressions, constitute forward-looking statements under the PSLRA. Paivis intends that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause Paivis' actual results, performance or achievements to differ materially from current expectations.
The Company looks forward to making a joint announcement, with the public company we are in discussions with, as early as the end of this year.
The Company has made significant progress on its spin-off plans and believes it can meet this timeline.
As stated previously, management is committed to providing shareholder value in this challenging economic environment. The Company's reasons for executing a spin-off transaction of this type include among other things, to dividend the shares of this new public company to Paivis' existing shareholders and to take advantage of strategic opportunities without taking on additional debt.
The spin-off company is planned to be a part of Paivis' operations, which may include one of its planned acquisitions. The Company will provide further details of the spin-off plan as developments occur.
About Paivis, Corp.
Paivis, Corp. is a wholesale telecommunications carrier that sells prepaid "point-of-sale activated" and live cards. Paivis generates its revenues through the sale of prepaid calling cards and wireless services, and international wholesale termination. Products are sold throughout many of the country's major retail outlets.
FORWARD-LOOKING STATEMENTS
The Private Securities Litigation Reform Act of 1995 (the "PSLRA") provides a "safe harbor" for forward-looking statements so long as those statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in such statements.
Statements contained herein that are not based on historical fact, as well as other statements including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "could" and other similar expressions, constitute forward-looking statements under the PSLRA. Paivis intends that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause Paivis' actual results, performance or achievements to differ materially from current expectations.
Thursday, December 11, 2008
Land Star Inc. (LDSR) Update on Sinopec and China Petroleum
BEIJING, Dec. 11 /PRNewswire-FirstCall/ - Further to Land Star's announcement after the closing bell yesterday, Land Star will be posting additional background details on its business opportunities with Sinopec and China Petroleum on its website later today.
It is significant to note that Hubei Chuguan is in the process of rolling out its gas vapor solution to all Sinopec gas stations throughout China. These products will be installed in all of the underground gasoline storage tanks at all Sinopec gas stations. These units recapture fuel and oil vapors that would otherwise be lost and harm the environment. The Hubei Chuguan units' ability to recapture and save these vapors provide significant savings in terms of the fuel recovered that can then be recycled back into storage fuel tanks.
The Company will continue to provide additional information on the different types of products it has developed and is beginning to install within the petrochemical infrastructure in China, through additional press releases and updates to the Company's website.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet filings (www.pinksheets.com), and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
It is significant to note that Hubei Chuguan is in the process of rolling out its gas vapor solution to all Sinopec gas stations throughout China. These products will be installed in all of the underground gasoline storage tanks at all Sinopec gas stations. These units recapture fuel and oil vapors that would otherwise be lost and harm the environment. The Hubei Chuguan units' ability to recapture and save these vapors provide significant savings in terms of the fuel recovered that can then be recycled back into storage fuel tanks.
The Company will continue to provide additional information on the different types of products it has developed and is beginning to install within the petrochemical infrastructure in China, through additional press releases and updates to the Company's website.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet filings (www.pinksheets.com), and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
Wednesday, December 10, 2008
LandStar Inc. (LDSR) Completes $290 Million Deal
BEIJING, Dec. 10 /PRNewswire-FirstCall/ - Today, after the markets closed, LandStar Inc. (LDSR) www.landstarcorp.com announced that it has signed a cooperation agreement with Beijing New Century International Leasing Company, to provide financing of RMB 2 billion Yuan (approx $290+ million USD) in respect of the continued growth of Landstar's operating subsidiary; Hubei Chuguan Industry Co. Ltd. Note: in China, a cooperation agreement is similar to a joint venture, and commits both parties to a working agreement.
Beijing New Century International Leasing Company (BNC) has been approved by the Chinese Ministry of Commerce and State Administration for Industry and Commerce and formally registered as a Sino-foreign joint venture leasing companies. BNC has two joint venture partners with which it works to fund major capital projects in China; Reid International Investment Funds Limited (United States) and China Communications Construction Corporation.
Under the terms of the cooperation agreement, BNC will provide funding for Hubei Chuguan to complete major contracts and offer lease options on the sale of its oil and gas vapor recovery systems to major clients. These include the largest players in China's oil and gas infrastructure, such as China National Petroleum Corporation and China Petroleum & Chemical Corp. (Sinopec).
Sinopec Corp. is the largest producer and distributor of chemical products in China. The Company is the third largest oil refiner in the world and is ranked # 5 in terms of ethylene capacity and # 3 in terms of number of service stations in the world.
China National Petroleum Corporation (CNPC) is a world-leading integrated international energy company with businesses covering oil and gas upstream and downstream operations, oilfield services, engineering and construction, petroleum material and equipment manufacturing and supply, capital management, finance and insurance services, new energy operations.
Hubei Chuguan Chairman, Mr. Li Congtang, noted; "This is a very important milestone for the Company, not only because of the opportunity to finance the rapid and continued growth of our sales, but for the leading edge positioning of the Company as an important part of the large-scale transformation of governance in the procurement of oil, gas oil and gas recovery projects that have been officially mandated by various levels of Government. Simply put, we have been given the financial tools to undertake large and important projects with some of China's largest companies in the oil and gas sector."
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet filings (www.pinksheets.com), and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
Beijing New Century International Leasing Company (BNC) has been approved by the Chinese Ministry of Commerce and State Administration for Industry and Commerce and formally registered as a Sino-foreign joint venture leasing companies. BNC has two joint venture partners with which it works to fund major capital projects in China; Reid International Investment Funds Limited (United States) and China Communications Construction Corporation.
Under the terms of the cooperation agreement, BNC will provide funding for Hubei Chuguan to complete major contracts and offer lease options on the sale of its oil and gas vapor recovery systems to major clients. These include the largest players in China's oil and gas infrastructure, such as China National Petroleum Corporation and China Petroleum & Chemical Corp. (Sinopec).
Sinopec Corp. is the largest producer and distributor of chemical products in China. The Company is the third largest oil refiner in the world and is ranked # 5 in terms of ethylene capacity and # 3 in terms of number of service stations in the world.
China National Petroleum Corporation (CNPC) is a world-leading integrated international energy company with businesses covering oil and gas upstream and downstream operations, oilfield services, engineering and construction, petroleum material and equipment manufacturing and supply, capital management, finance and insurance services, new energy operations.
Hubei Chuguan Chairman, Mr. Li Congtang, noted; "This is a very important milestone for the Company, not only because of the opportunity to finance the rapid and continued growth of our sales, but for the leading edge positioning of the Company as an important part of the large-scale transformation of governance in the procurement of oil, gas oil and gas recovery projects that have been officially mandated by various levels of Government. Simply put, we have been given the financial tools to undertake large and important projects with some of China's largest companies in the oil and gas sector."
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet filings (www.pinksheets.com), and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
Tuesday, December 9, 2008
Good Life China (GLCC) Strategic Ventures
BEIJING, Dec. 9 /PRNewswire-FirstCall/ - Good Life China Corporation www.goodlifechina.com (GLCC) today after the market closed, announced the completion of cooperation agreement with Dalian Sanyo, Shanghai Jahwa and Beijing Jingyuan Sister Ma Food Co., Ltd. Note: in China, a cooperation agreement is similar to a joint venture, and commits both parties to a working agreement.
Dalian Sanyo Cold-Chain Co., Ltd. is the largest international manufacturer and R & D Company serving the Chinese supermarket, convenience store, refrigerated drink display and cold storage units in China. It is a joint venture between SANYO Electric Co., Ltd.,Dalian Bingshan Group Co., Ltd. and Sojitz Corporation, and has been at the forefront of the Chinese grocery sector since initially formed in 1994.
Dalian Sanyo will become the official refrigeration product supplier for Haorizi moving forward, with favorable pricing to be offered to all members of Haorizi's electronic trading platforms.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
Dalian Sanyo Cold-Chain Co., Ltd. is the largest international manufacturer and R & D Company serving the Chinese supermarket, convenience store, refrigerated drink display and cold storage units in China. It is a joint venture between SANYO Electric Co., Ltd.,Dalian Bingshan Group Co., Ltd. and Sojitz Corporation, and has been at the forefront of the Chinese grocery sector since initially formed in 1994.
Dalian Sanyo will become the official refrigeration product supplier for Haorizi moving forward, with favorable pricing to be offered to all members of Haorizi's electronic trading platforms.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
Monday, December 8, 2008
Good Life China (GLCC) Reports on Successful Meetings with Hebei Supply and Marketing Cooperatives
BEIJING, Dec. 5 /PRNewswire-FirstCall/ - Good Life China Corporation www.goodlifechina.com (GLCC) today, after the market closed announced that it received unprecedented support in meeting with the Hebei Supply and Marketing Cooperatives.
As the largest cooperative economic organization in the province, Hebei Supply and Marketing Cooperatives owns 11 city-level cooperatives, 152 county-level cooperatives, 1,512 primary supply and marketing cooperatives and more than 30,000 operation locations. Its distribution centers are spread throughout all cities and counties in the province and its total assets are more than RMB 29 billion yuan ($4.2 billion USD).
The secretary of the Party Leadership Group and director of the council of the Hebei Supply and Marketing Cooperatives, Zhang Yanhui, noted that the Cooperative has historically played an important role in the distribution of farm inputs and resulting crops, but has had some difficulties transitioning from a planned economy to a product or market driven economy, especially in the rural areas of Hubei Province.
In contrast, Haorizi's operating model of E-commerce and logistics displayed great development potential and delivered against the stated objectives to modernize and improve the efficiency of the Cooperative.
Zhang undertook to advocate for the adoption of the Haorizi e-commerce and logistics platform to the appropriate Department of the Provincial Cooperatives and to establish a panel to address expansion of Haorizi's operational business model throughout the province, striving to make all cooperatives member units of the E-commerce transaction platform within the next 2 years. This represents total trading volume of RMB 5 billion yuan (nearly $750 million USD).
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
As the largest cooperative economic organization in the province, Hebei Supply and Marketing Cooperatives owns 11 city-level cooperatives, 152 county-level cooperatives, 1,512 primary supply and marketing cooperatives and more than 30,000 operation locations. Its distribution centers are spread throughout all cities and counties in the province and its total assets are more than RMB 29 billion yuan ($4.2 billion USD).
The secretary of the Party Leadership Group and director of the council of the Hebei Supply and Marketing Cooperatives, Zhang Yanhui, noted that the Cooperative has historically played an important role in the distribution of farm inputs and resulting crops, but has had some difficulties transitioning from a planned economy to a product or market driven economy, especially in the rural areas of Hubei Province.
In contrast, Haorizi's operating model of E-commerce and logistics displayed great development potential and delivered against the stated objectives to modernize and improve the efficiency of the Cooperative.
Zhang undertook to advocate for the adoption of the Haorizi e-commerce and logistics platform to the appropriate Department of the Provincial Cooperatives and to establish a panel to address expansion of Haorizi's operational business model throughout the province, striving to make all cooperatives member units of the E-commerce transaction platform within the next 2 years. This represents total trading volume of RMB 5 billion yuan (nearly $750 million USD).
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
Thursday, December 4, 2008
Land Star Inc. (LDSR) Completes Acquisition of Hubei Chuguan Industry Co. Ltd.
BEIJING, Dec. 4 /PRNewswire-FirstCall/ - Land Star Inc. (LDSR) www.landstarcorp.com (The Company), today after the markets closed proudly announces that all of the legal agreements for Land Star to acquire Hubei Chuguan Industry Co. Ltd. (Hubei Chuguan) have now been signed by all parties and the reverse merger deal have been completed. The Company is looking forward to continued positive results in the year ahead as Land Star, Inc.
Mark Li, CEO, President, and Chairman of Land Star noted; "We had hoped to complete the legal paperwork a little earlier in the year. However, Hubei Chuguan has been a wholly owned operating subsidiary of Chuguan Co., Ltd., which is quite a substantial company, and as such, there was a process and protocols required in this transition process.
The Company has developed significant patented technologies to recover oil vapor during the transfer and storage of petrochemicals. The implementation of these technologies are standard operating procedure around the world, and there is strong demand to apply these techniques within the Chinese petrochemical infrastructure.
Importantly, because the proprietary technology was developed in-house, there is strong political support to roll Hubei Chuguan's products out across China's infrastructure.
The Company has products that span the gamut to meet the needs of oil refineries, storage tanks in dock areas, gas stations etc. Our goal is nothing less than to be a leader in the industry, providing complete solutions to recapture oil vapors, and ensure efficient and effective transfer of petrochemicals that are also cost-effective and minimize potential environmental damage during the transfer and storage of these volatile chemicals.
We have aggressive growth plans to build our gross revenues from the current $15 million USD range as we move forward into 2009, and we are very pleased to be working in concert with the Mina Mar Group, which has been instrumental in providing us access to North American capital markets."
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet filings (www.pinksheets.com), and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
Mark Li, CEO, President, and Chairman of Land Star noted; "We had hoped to complete the legal paperwork a little earlier in the year. However, Hubei Chuguan has been a wholly owned operating subsidiary of Chuguan Co., Ltd., which is quite a substantial company, and as such, there was a process and protocols required in this transition process.
The Company has developed significant patented technologies to recover oil vapor during the transfer and storage of petrochemicals. The implementation of these technologies are standard operating procedure around the world, and there is strong demand to apply these techniques within the Chinese petrochemical infrastructure.
Importantly, because the proprietary technology was developed in-house, there is strong political support to roll Hubei Chuguan's products out across China's infrastructure.
The Company has products that span the gamut to meet the needs of oil refineries, storage tanks in dock areas, gas stations etc. Our goal is nothing less than to be a leader in the industry, providing complete solutions to recapture oil vapors, and ensure efficient and effective transfer of petrochemicals that are also cost-effective and minimize potential environmental damage during the transfer and storage of these volatile chemicals.
We have aggressive growth plans to build our gross revenues from the current $15 million USD range as we move forward into 2009, and we are very pleased to be working in concert with the Mina Mar Group, which has been instrumental in providing us access to North American capital markets."
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet filings (www.pinksheets.com), and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
Wednesday, December 3, 2008
Paivis Provides Update on Acquisitions Expected to Add Over $30,000,000 in Revenue
ATLANTA, GA--(MARKET WIRE)--Dec 3, 2008 -- Paivis, Corp. (Other OTC:PAVC.PK - News) ("PAIVIS" or the "Company") today updates its shareholders on its planned acquisitions of AAAA Media Services Ltd. (A4) and White Light Telecommunications/Dakota Networks (WLD).
A4 is a Georgia-based company that generates approximately $30,000,000 (unaudited) in revenue.
A4 is one of the leading distributors of T-Mobile, AT&T and Boost Mobile prepaid wireless products. A4 distributes these products amongst others through master dealer agreements to over 7,000 locations in the continental United States.
Previously in the fall of 2007, Paivis executed an acquisition agreement to acquire A4. Paivis is diligently working with the A4 team to review additional due diligence information and feel a restructured agreement can be finalized in the coming weeks.
The WLD acquisition is expected to add approximately $2,000,000 in run rate revenue to Paivis and increase lines of business.
WLD is a provider of international voice and data services. Through their 26,000 sq. ft. facility in Rockledge, Florida, WLD provides satellite gateway services to the Americas, Caribbean and Western Europe as well as dedicated Internet access, website design and hosting and collocation services.
Paivis and WLD continue their due diligence process and expect to have the next level of agreements signed before the end of the year. Additionally, WLD has advised Paivis that they are experiencing a 10% increase in revenue month over month for the last two months and anticipate strong continued growth despite the current economic conditions.
Lawrence Sands, CEO of Paivis, stated: "We are excited about the prospects for these mergers. The combined entity will provide our company with a strong foundation to grow upon and value our shareholders have been patiently waiting for."
About Paivis, Corp.
Paivis, Corp. is a wholesale telecommunications carrier that sells prepaid "point-of-sale activated" and live cards. Paivis generates its revenues through the sale of prepaid calling cards and wireless services, and international wholesale termination. Products are sold throughout many of the country's major retail outlets.
FORWARD-LOOKING STATEMENTS
The Private Securities Litigation Reform Act of 1995 (the "PSLRA") provides a "safe harbor" for forward-looking statements so long as those statements are identified as forward looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in such statements.
Statements contained herein that are not based on historical fact, as well as other statements including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "could" and other similar expressions, constitute forward-looking statements under the PSLRA. PAIVIS intends that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause PAIVIS' actual results, performance or achievements to differ materially from current expectations.
A4 is a Georgia-based company that generates approximately $30,000,000 (unaudited) in revenue.
A4 is one of the leading distributors of T-Mobile, AT&T and Boost Mobile prepaid wireless products. A4 distributes these products amongst others through master dealer agreements to over 7,000 locations in the continental United States.
Previously in the fall of 2007, Paivis executed an acquisition agreement to acquire A4. Paivis is diligently working with the A4 team to review additional due diligence information and feel a restructured agreement can be finalized in the coming weeks.
The WLD acquisition is expected to add approximately $2,000,000 in run rate revenue to Paivis and increase lines of business.
WLD is a provider of international voice and data services. Through their 26,000 sq. ft. facility in Rockledge, Florida, WLD provides satellite gateway services to the Americas, Caribbean and Western Europe as well as dedicated Internet access, website design and hosting and collocation services.
Paivis and WLD continue their due diligence process and expect to have the next level of agreements signed before the end of the year. Additionally, WLD has advised Paivis that they are experiencing a 10% increase in revenue month over month for the last two months and anticipate strong continued growth despite the current economic conditions.
Lawrence Sands, CEO of Paivis, stated: "We are excited about the prospects for these mergers. The combined entity will provide our company with a strong foundation to grow upon and value our shareholders have been patiently waiting for."
About Paivis, Corp.
Paivis, Corp. is a wholesale telecommunications carrier that sells prepaid "point-of-sale activated" and live cards. Paivis generates its revenues through the sale of prepaid calling cards and wireless services, and international wholesale termination. Products are sold throughout many of the country's major retail outlets.
FORWARD-LOOKING STATEMENTS
The Private Securities Litigation Reform Act of 1995 (the "PSLRA") provides a "safe harbor" for forward-looking statements so long as those statements are identified as forward looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in such statements.
Statements contained herein that are not based on historical fact, as well as other statements including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "could" and other similar expressions, constitute forward-looking statements under the PSLRA. PAIVIS intends that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause PAIVIS' actual results, performance or achievements to differ materially from current expectations.
Monday, December 1, 2008
MonArc (MONA) Peru Mine Expansion
PIURA, Peru, Dec. 1 /PRNewswire-FirstCall/ - MonArc Corporation www.monacorporation.com (MonArc) PINKSHEETS: MONA.PK Andrea Gold SA, the operating subsidiary company of MonArc proudly announces the negotiations have now concluded on the successful acquisition of a further 400ha of premium producing gold and silver property. This is in addition to the 480ha currently held by Andrea Gold, boosting the highly productive land holding of Gold and Silver bearing ores is now 880ha.
These ores substantially increase the profitability of the operation, as Andrea Gold retains 95% of the ore value less the mining costs as opposed to treating ore from customers on a contract basis.
Negotiations are currently underway to purchase a modern copper processing plant near the company owned leases in Peru along with additional copper based land acquisitions.
Further news in relation to this will be released shortly.
Safe Harbour statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
These ores substantially increase the profitability of the operation, as Andrea Gold retains 95% of the ore value less the mining costs as opposed to treating ore from customers on a contract basis.
Negotiations are currently underway to purchase a modern copper processing plant near the company owned leases in Peru along with additional copper based land acquisitions.
Further news in relation to this will be released shortly.
Safe Harbour statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
Deputy Mayor of Cangzhou City Song Youhong Visits Good Life (GLCC) Haorizi
BEIJING, Dec. 1 /PRNewswire-FirstCall/ - Good Life China Corporation www.goodlifechina.com (GLCC) is pleased to announce that it has cordially concluded its reception with Deputy Mayor of Cangzhou City, Mr Song Youhong.
Mr. Song Youhong, Deputy Mayor of Cangzhou City, concluded the visit to Cangzhou branch of Haorizi on November 21, 2008. General Manager of Haorizi, and CEO of Good Life China Ms. Jia Dongmei used the opportunity to demonstrate the company's E-commerce system for Mr. Song. Details about the Haorizi operation model, development and strategic plan of the company were also discussed. Mr. Song highly appreciated the operation model demonstrated. Mr. Song said "The government would give greater support to Haorizi, and hoped Haorizi could make more contributions (sic) (expansions) in constructing the circulation market in Cangzhou City".
This visit is part and parcel, to the previous announcement of November 20, 2008 - where amongst other things the company announced that it will be benefiting from a new launched China government grant program funded with RMB 100 billion Yuan (about $14.6 billion USD).
In other company updates, the company recently completed a filing with the Pink Sheets on November 29, 2008 named Management Discussion and Analysis- Corporate Update Spin Off which tables the company's future plans. The company is using this opportunity to bring that filing to the attention of its shareholders and followers. The company will also be posting images on its corporate web site www.goodlifechina.com of this visit shortly.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
Mr. Song Youhong, Deputy Mayor of Cangzhou City, concluded the visit to Cangzhou branch of Haorizi on November 21, 2008. General Manager of Haorizi, and CEO of Good Life China Ms. Jia Dongmei used the opportunity to demonstrate the company's E-commerce system for Mr. Song. Details about the Haorizi operation model, development and strategic plan of the company were also discussed. Mr. Song highly appreciated the operation model demonstrated. Mr. Song said "The government would give greater support to Haorizi, and hoped Haorizi could make more contributions (sic) (expansions) in constructing the circulation market in Cangzhou City".
This visit is part and parcel, to the previous announcement of November 20, 2008 - where amongst other things the company announced that it will be benefiting from a new launched China government grant program funded with RMB 100 billion Yuan (about $14.6 billion USD).
In other company updates, the company recently completed a filing with the Pink Sheets on November 29, 2008 named Management Discussion and Analysis- Corporate Update Spin Off which tables the company's future plans. The company is using this opportunity to bring that filing to the attention of its shareholders and followers. The company will also be posting images on its corporate web site www.goodlifechina.com of this visit shortly.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
Tuesday, November 25, 2008
MonArc Corporation (MONA) Operational Update Peru Andrea SA Gold Mine
BEIJING, Nov. 25 /PRNewswire-FirstCall/ - Mon Arc Corporation www.monacorporation.com (MonArc) PINKSHEETS: MONA.PK MonArc management is pleased to announce this operational update to its shareholders and followers.
Mr. Alex Diaz, the company geologist and Andrea SA Co-President said, "Andrea SA project is not only an exploration opportunity, but a project in current production with the first full week's 24hr production producing in excess of 3 kg or 100 ounces of traditional Inca Gold and 1 kg of Silver. This is a spectacular result given production only began in August of this year, and is only processing about 50 tons per day.
All ore currently being processed at Andrea Gold SA production facility is averaging 12 grams per ton. This is extremely rare in the mining industry to be processing grades as high as this, along with the low wage environment, and modern, latest technology mill and floatation plant, continues to make this plant one of the most profitable operations anywhere in the world.
With current production this represents an expected profit in excess of 1m dollars per year, and with small changes being planned and shortly to be made to the plant, a 2 and 3 fold increase in the level of production is foreseeable. As we move forward with MONA we expect the net profit to reach 2-3 million dollars or a price earnings of around 5c per share. 10-15 million in profit is our projected and an achievable targeted goal within the next 2-3 years."
Safe Harbour statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
Mr. Alex Diaz, the company geologist and Andrea SA Co-President said, "Andrea SA project is not only an exploration opportunity, but a project in current production with the first full week's 24hr production producing in excess of 3 kg or 100 ounces of traditional Inca Gold and 1 kg of Silver. This is a spectacular result given production only began in August of this year, and is only processing about 50 tons per day.
All ore currently being processed at Andrea Gold SA production facility is averaging 12 grams per ton. This is extremely rare in the mining industry to be processing grades as high as this, along with the low wage environment, and modern, latest technology mill and floatation plant, continues to make this plant one of the most profitable operations anywhere in the world.
With current production this represents an expected profit in excess of 1m dollars per year, and with small changes being planned and shortly to be made to the plant, a 2 and 3 fold increase in the level of production is foreseeable. As we move forward with MONA we expect the net profit to reach 2-3 million dollars or a price earnings of around 5c per share. 10-15 million in profit is our projected and an achievable targeted goal within the next 2-3 years."
Safe Harbour statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
Monday, November 24, 2008
MonArc Corporation (MONA) Completes Peru Andrea SA Gold Mine Merger
BEIJING, Nov. 24 /PRNewswire-FirstCall/ - MonArc Corporation www.monacorporation.com PINKSHEETS: MONA.PK MonArc management is pleased to announce the closing of the merger with Andrea Gold SA. This merger adds considerable value to MONA shares with the currently operating and producing Gold plant in Northern Peru and associated gold leases have an estimated value of at least 4-5 million dollars.
Key staff of Andrea SA are Mr.Alex Diaz, himself a US trained geologist and his partner Mr.Pablo Rodriguez a qualified metallurgist. Together they have put together an excellent team of experienced mining people and the project is a credit to them. MonArc Corporation intends to name both individuals as one of its officers and board members of the company shortly.
This project is not only an exploration opportunity, but a project in current production with the first full week's 24hr production producing in excess of 3 kg or 100 ounces of traditional Inca Gold and 1 kg of Silver. This is a spectacular result given production only began in August of this year, and is only processing about 50 tons per day.
Given the closest processor in Peru is more than 600 miles from Andrea SA plant, this gives a huge advantage in sourcing ore, to supplement the ore from the company leases.
All ore currently being processed at Andrea Gold SA production facility is averaging 12 grams per ton, this is extremely rare in the mining industry to be processing grades as high as this, along with the low wage environment, and modern, latest technology mill and floatation plant, continues to make this plant one of the most profitable operations anywhere in the world.
Safe Harbour statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
Key staff of Andrea SA are Mr.Alex Diaz, himself a US trained geologist and his partner Mr.Pablo Rodriguez a qualified metallurgist. Together they have put together an excellent team of experienced mining people and the project is a credit to them. MonArc Corporation intends to name both individuals as one of its officers and board members of the company shortly.
This project is not only an exploration opportunity, but a project in current production with the first full week's 24hr production producing in excess of 3 kg or 100 ounces of traditional Inca Gold and 1 kg of Silver. This is a spectacular result given production only began in August of this year, and is only processing about 50 tons per day.
Given the closest processor in Peru is more than 600 miles from Andrea SA plant, this gives a huge advantage in sourcing ore, to supplement the ore from the company leases.
All ore currently being processed at Andrea Gold SA production facility is averaging 12 grams per ton, this is extremely rare in the mining industry to be processing grades as high as this, along with the low wage environment, and modern, latest technology mill and floatation plant, continues to make this plant one of the most profitable operations anywhere in the world.
Safe Harbour statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
Sunday, November 23, 2008
MonArc Corporation (MONA) Completes Peru Visit Andrea SA Gold Mine
BEIJING, Nov. 21 /PRNewswire-FirstCall/ - Mon Arc Corporation www.monacorporation.com PINKSHEETS: MONA.PK management representatives have completed their on-site inspection of the Andrea Gold mine operation in Peru.
While the MonArc team is still traveling they have been able to provide a top line summary of the results of their field work. The have had the opportunity to view the current operations of the mine, led by a geologist familiar with this particular gold play.
In addition, they were fully briefed on the status of the assays to date, and the progress being made to complete its form 43-101 filing, which will provide an analysis of the proven and probable reserves of the mine based on industry standard requirements.
MonArc CEO, Mr. Yong Chan advises; "Based on these initial reports, all parties are eager to finalize this acquisition. We are currently drawing up the necessary documents to complete the acquisition, and anticipate that the deal can close very shortly." Mr. Alex Diaz President of Andrea SA Mine in Peru (targeted merger company) said "We are pleased to have met the MONA management and their advisors and I'm particularly pleasantly impressed with MONA executive management and its corporate Secretary Mr. Winters. While we were approached by others for the merger and business cooperation Andrea SA and its managers feel that MONA is the best fit for all concerned."
The Company will provide additional updates as information continues to come in from the field, and expects to have the team back next Wednesday, the 26th of November.
Safe Harbour statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
While the MonArc team is still traveling they have been able to provide a top line summary of the results of their field work. The have had the opportunity to view the current operations of the mine, led by a geologist familiar with this particular gold play.
In addition, they were fully briefed on the status of the assays to date, and the progress being made to complete its form 43-101 filing, which will provide an analysis of the proven and probable reserves of the mine based on industry standard requirements.
MonArc CEO, Mr. Yong Chan advises; "Based on these initial reports, all parties are eager to finalize this acquisition. We are currently drawing up the necessary documents to complete the acquisition, and anticipate that the deal can close very shortly." Mr. Alex Diaz President of Andrea SA Mine in Peru (targeted merger company) said "We are pleased to have met the MONA management and their advisors and I'm particularly pleasantly impressed with MONA executive management and its corporate Secretary Mr. Winters. While we were approached by others for the merger and business cooperation Andrea SA and its managers feel that MONA is the best fit for all concerned."
The Company will provide additional updates as information continues to come in from the field, and expects to have the team back next Wednesday, the 26th of November.
Safe Harbour statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
Tuesday, November 18, 2008
New Asia Gold Corp. Begins Negotiations to Enter Into a Joint Venture Involving Gold Leases With Proven Gold Reserves
BOCA RATON, Fla., Nov. 18, 2008 (GLOBE NEWSWIRE) -- New Asia Gold Corp. (Other OTC:NWAG.PK - News) is pleased to announce that it has begun negotiations to enter into a Joint Venture with a U.S. exploration Company with existing gold leases in South America. The leases have proven gold reserves. New Asia Gold is examining existing data to evaluate the current proven reserves and the potential of the leases. Preliminary evaluations show that this is an excellent opportunity for the Company and could increase its reserves substantially.
New Asia Gold Corp. (NWAG) is a successful exploration company that has found and defined proven gold reserves of 330,000 ounces of gold with a value, after extraction costs, of US$282 million assuming an average gold price of $850 per ounce. The Company has further estimated probable reserves of 2.5 million ounces of gold based on independent engineering reports.
New Asia Gold Corp. trades in the United States on the NQB Pink Sheets under the symbol ``NWAG''. For further information please contact Nancy Goldman at (561) 962 4139 or go to http://www.newasiagold.com.
NOTE: Certain statements in this press release are ``forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause results to differ materially. Such risks, uncertainties and other factors include but are not limited to new economic conditions and factors described in independent reports, company reports and other filings with regulatory bodies.
New Asia Gold Corp. (NWAG) is a successful exploration company that has found and defined proven gold reserves of 330,000 ounces of gold with a value, after extraction costs, of US$282 million assuming an average gold price of $850 per ounce. The Company has further estimated probable reserves of 2.5 million ounces of gold based on independent engineering reports.
New Asia Gold Corp. trades in the United States on the NQB Pink Sheets under the symbol ``NWAG''. For further information please contact Nancy Goldman at (561) 962 4139 or go to http://www.newasiagold.com.
NOTE: Certain statements in this press release are ``forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause results to differ materially. Such risks, uncertainties and other factors include but are not limited to new economic conditions and factors described in independent reports, company reports and other filings with regulatory bodies.
Monday, November 17, 2008
New Asia Gold Defines Gold Mineralization in 6 Different Zones
BOCA RATON, Fla., Nov. 17, 2008 (GLOBE NEWSWIRE) -- New Asia Gold Corp (Other OTC:NWAG.PK - News) is pleased to announce that the company has delineated 6 different zones with what the company believes is commercial gold mineralization in each zone. Current proven reserves (330,000 ounces of gold) are based on only 3 of the 6 zones.
Further, in one of the zones that has been defined as a probable reserve the Company has a drill hole with 37 meters (110 ft.) of silicified rock with high grades of gold. This rock intersection with high grade gold is identical to the rock in the main silica cap where independent reports indicate that there is 180,000 ounces of proven gold. It is anticipated that the drilling program will increase the current proven reserves (330,000 ounces of gold) by at least double.
New Asia Gold Corp ``NWAG'' is a successful exploration Company that has found and defined proven gold reserves of 330,000 ounces of gold with a value after extraction costs of $282 million assuming an average gold price of $850 per ounce (analysts are predicting that the price of gold will exceed $1200 per ounce by the second quarter of 2009) and probable reserves of 2.5 million ounces of gold. The reserves are based on independent engineering reports.
New Asia Gold trades in the United States on the NQB pink sheets under the symbol ``NWAG.'' For further information, please contact Nancy Goldman at (561) 962 4139 or go to http://www.newasiagold.com.
NOTE: Certain statements in this press release are ``forward-looking statements'' within the meaning of the Private Securities Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause results to differ materially. Such risks, uncertainties and other factors include but are not limited to new economic conditions and factors described in independent reports, company reports and other filings with regulatory bodies.
Further, in one of the zones that has been defined as a probable reserve the Company has a drill hole with 37 meters (110 ft.) of silicified rock with high grades of gold. This rock intersection with high grade gold is identical to the rock in the main silica cap where independent reports indicate that there is 180,000 ounces of proven gold. It is anticipated that the drilling program will increase the current proven reserves (330,000 ounces of gold) by at least double.
New Asia Gold Corp ``NWAG'' is a successful exploration Company that has found and defined proven gold reserves of 330,000 ounces of gold with a value after extraction costs of $282 million assuming an average gold price of $850 per ounce (analysts are predicting that the price of gold will exceed $1200 per ounce by the second quarter of 2009) and probable reserves of 2.5 million ounces of gold. The reserves are based on independent engineering reports.
New Asia Gold trades in the United States on the NQB pink sheets under the symbol ``NWAG.'' For further information, please contact Nancy Goldman at (561) 962 4139 or go to http://www.newasiagold.com.
NOTE: Certain statements in this press release are ``forward-looking statements'' within the meaning of the Private Securities Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause results to differ materially. Such risks, uncertainties and other factors include but are not limited to new economic conditions and factors described in independent reports, company reports and other filings with regulatory bodies.
Monday, November 10, 2008
Good Life China (GLCC) Banking Progress.
BEIJING, Nov. 10 /PRNewswire-FirstCall/ - Good Life China Corporation http://www.goodlifechina.com/ (Pink Sheets: GLCC - News) the company issued a news release on or about July 2, 2008 where amongst other things it announced that it has completed the completion of the strategic partnership with Hebei branch of Agricultural Bank of China (ABC). This is an update to the aforementioned news release.
Haorizi and ABC, Hebei Branch has now successfully launched the ABC online banking service to the company's franchised outlets and to the companies B2B merchants. ABC will open accounts for the current suppliers and retailer members of Haorizi. Outlets can order, and make an immediate payment via USB-shield card at www.huozhan.com. This system is relatively easy and simple to operate. Moreover, it has a good reputation among members. The management feels this will represents improved cash flow and further earning revenue for Good Life China.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Haorizi and ABC, Hebei Branch has now successfully launched the ABC online banking service to the company's franchised outlets and to the companies B2B merchants. ABC will open accounts for the current suppliers and retailer members of Haorizi. Outlets can order, and make an immediate payment via USB-shield card at www.huozhan.com. This system is relatively easy and simple to operate. Moreover, it has a good reputation among members. The management feels this will represents improved cash flow and further earning revenue for Good Life China.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Sunday, November 9, 2008
Energy Finders announces to update its current Information
DALLAS, Nov. 7 /PRNewswire-FirstCall/ - ( OTC-EGYF.PK)
EnergyFinders announces that it has begun the process of updating relevant information about the new Corporate change.
The Company is currently updating the financial information for the last 2 fiscal years.
The Company expects to file all the current information as required by the "Pinksheets", in order to qualify for the "Current" category.
On behalf of the Board of Directors, we expect to become current as far as the filing are concerned in the near future.
FORWARD LOOKING STATEMENTS
The statements contained herein which are not historical are forward-looking statements that are subject to risk and uncertainties that could cause actual results to differ materially from those expressed, including but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's press releases.
Furthermore, the forward-looking statements contained in this news release are made as of the date of this news release, and, except as required by law, EnergyFinders does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
EnergyFinders announces that it has begun the process of updating relevant information about the new Corporate change.
The Company is currently updating the financial information for the last 2 fiscal years.
The Company expects to file all the current information as required by the "Pinksheets", in order to qualify for the "Current" category.
On behalf of the Board of Directors, we expect to become current as far as the filing are concerned in the near future.
FORWARD LOOKING STATEMENTS
The statements contained herein which are not historical are forward-looking statements that are subject to risk and uncertainties that could cause actual results to differ materially from those expressed, including but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's press releases.
Furthermore, the forward-looking statements contained in this news release are made as of the date of this news release, and, except as required by law, EnergyFinders does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
Thursday, November 6, 2008
Good Life China (GLCC) Provides Forward Guidance
BEIJING, Nov. 6 /PRNewswire-FirstCall/ - Good Life China Corporation www.goodlifechina.com (GLCC) is pleased to provide guidance regarding fourth quarter and annual results, based on new business model. This has been a transitional year, as the Company has almost completed a full transition from a wholesale/franchise retail distribution model to an advanced logistics and retail management services provider.
Net income, before taxes for the fourth quarter is anticipated to come in between $400,000 to $500,000 USD, with year end results of just under $1.7 million USD for the year.
Good Life China CEO, Dongmei Jia, notes; "This has been a ground breaking year for the Company. We expect to finish the year with comparable income numbers to last year's results. Given the radical changes in how the Company generates revenue, and recognizes profit, we are in an excellent position as we look forward to 2009. This is due to the fact that we are eliminating a great deal of variable costs in regards to a traditional wholesale retail distribution channel and our expectations are to achieve higher gross margins as our overall income continues to rise from both the supply side and retail members.
In addition, once we have more experience analyzing the numbers individually from each new profit center, we expect to be able to fine-tune the pricing grids, and optimize our billing models to further enhance profitability".
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Net income, before taxes for the fourth quarter is anticipated to come in between $400,000 to $500,000 USD, with year end results of just under $1.7 million USD for the year.
Good Life China CEO, Dongmei Jia, notes; "This has been a ground breaking year for the Company. We expect to finish the year with comparable income numbers to last year's results. Given the radical changes in how the Company generates revenue, and recognizes profit, we are in an excellent position as we look forward to 2009. This is due to the fact that we are eliminating a great deal of variable costs in regards to a traditional wholesale retail distribution channel and our expectations are to achieve higher gross margins as our overall income continues to rise from both the supply side and retail members.
In addition, once we have more experience analyzing the numbers individually from each new profit center, we expect to be able to fine-tune the pricing grids, and optimize our billing models to further enhance profitability".
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Wednesday, November 5, 2008
Good Life China (GLCC) Financial Highlights YTD Performance
BEIJING, Nov. 5 /PRNewswire-FirstCall/ - Good Life China Corporation www.goodlifechina.com (GLCC) after the markets closed today, is pleased to provide highlights in regards to its financial performance and general operations.
As of October, YTD financial performance has been segregated by major profit centers of the company.
Member Information Service: This represents fees paid by member organizations on the retail and supply side to use Good Life's e-commerce enabled retail platform. These revenues consist of an upfront membership fee, and ongoing monthly charges for continued access to Good Life's advanced retail distribution, logistics and retail POS systems. October revenue was $0.86 million RMB ($126,000 USD), with total YTD revenue of $6.7 million RMB ($981,000 USD).
Distribution Services: This includes logistics and shipping services, which are generally charged as a percentage of wholesale value of goods shipped through Good Life's retail distribution pipeline. Gross Revenue for the month of October was RMB $32 million yuan ($4.7 million USD), with YTD revenue of RMB $0.36 billion yuan ($52.7 million USD). Income from distribution services reached RMB 1.45 million yuan, with YTD results of RMB 17.84 million yuan ($2.6 million USD).
Net Company profit for the month was RMB 922,800 yuan ($135,000 USD), which brings the total YTD performance to RMB 9,824,400 yuan, or just over $1.4 million USD.
Good Life China CEO, Dongmei Jia, advised; "We continue to add new members on both the retail and supply side of the equation. We added an additional 73 retail outlets to our membership service, and more importantly, 32 new suppliers, bringing the total number of suppliers to roughly 650. With our new business model, we anticipate that up to 70% of our revenue may be generated from the supply side. Out finance and IT departments are working diligently on more upgrades to our retail platform and back end reporting systems. By the end of this quarter, we anticipate being in a position to do more sophisticated analysis on our financial performance and track additional metrics in terms of business performance".
Madam Jia adds; "With a net income anticipated to be in the territory of just under $2 million USD, we are a bit mystified why financial markets have our market capitalization at under $3 million. This isn't even a multiple of two times net earning. If the Company trades at a relatively low multiple of fifteen times earning, we would expect a market cap of over $25 million, nearly a tenfold increase in the value of our shares versus current trading levels. We are looking at options available to us to unlock much of this hidden value, to the benefit of our long-term shareholders".
Contact: Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
As of October, YTD financial performance has been segregated by major profit centers of the company.
Member Information Service: This represents fees paid by member organizations on the retail and supply side to use Good Life's e-commerce enabled retail platform. These revenues consist of an upfront membership fee, and ongoing monthly charges for continued access to Good Life's advanced retail distribution, logistics and retail POS systems. October revenue was $0.86 million RMB ($126,000 USD), with total YTD revenue of $6.7 million RMB ($981,000 USD).
Distribution Services: This includes logistics and shipping services, which are generally charged as a percentage of wholesale value of goods shipped through Good Life's retail distribution pipeline. Gross Revenue for the month of October was RMB $32 million yuan ($4.7 million USD), with YTD revenue of RMB $0.36 billion yuan ($52.7 million USD). Income from distribution services reached RMB 1.45 million yuan, with YTD results of RMB 17.84 million yuan ($2.6 million USD).
Net Company profit for the month was RMB 922,800 yuan ($135,000 USD), which brings the total YTD performance to RMB 9,824,400 yuan, or just over $1.4 million USD.
Good Life China CEO, Dongmei Jia, advised; "We continue to add new members on both the retail and supply side of the equation. We added an additional 73 retail outlets to our membership service, and more importantly, 32 new suppliers, bringing the total number of suppliers to roughly 650. With our new business model, we anticipate that up to 70% of our revenue may be generated from the supply side. Out finance and IT departments are working diligently on more upgrades to our retail platform and back end reporting systems. By the end of this quarter, we anticipate being in a position to do more sophisticated analysis on our financial performance and track additional metrics in terms of business performance".
Madam Jia adds; "With a net income anticipated to be in the territory of just under $2 million USD, we are a bit mystified why financial markets have our market capitalization at under $3 million. This isn't even a multiple of two times net earning. If the Company trades at a relatively low multiple of fifteen times earning, we would expect a market cap of over $25 million, nearly a tenfold increase in the value of our shares versus current trading levels. We are looking at options available to us to unlock much of this hidden value, to the benefit of our long-term shareholders".
Contact: Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
Tuesday, November 4, 2008
Good Life China (GLCC) China Ahead Of Rural Reform
BEIJING, Nov. 4 /PRNewswire-FirstCall/ - Further to the company's Good Life China Corporation* (GLCC) www.goodlifechina.com news announcement on various expansions and growth strategies the company is pleased to provide the following update on the current status. The following is a snippet and a quick summary of the filing the company completed on Pink Sheets.
On October 9, 2008, the Third Plenary Session of the 17th Central Committee of China was held in Beijing and what were discussed was how to push rural reform and development in China. The "# 1 Document" instructs agricultural and rural development issues.
The # 1 Document of the Central Government in 2008 puts forward the policies definitely, "strengthen rural market system construction, establish and improve big market and big distribution adjusting to modern agricultural development". # 1 Document also puts forward the promotion of information in rural areas, which has been emphasized for 4 consecutive years. Thus, in order to realize the idea of logistics in rural areas, it is vital to strongly advance the information of rural logistics.
As an enterprise of E-commerce and logistics service faced with Chinese market, Haorizi Co. Ltd. has almost 10-years experience of operation in rural market. It owns an information service system, a purchasing and selling terminal network linked between cities and towns and an E-commerce platform, which can provide rural retailers and suppliers with one-station service of E-commerce and logistics distribution, supplier members with intensive storage and logistics distribution service, lower distribution cost for suppliers and assist supplier members in expanding marketing channels to realize capital "zero-risk". The system can also enable outlet members to log in to www.huozhan.com to conveniently and efficiently complete online order and automatic replenishment without leaving outlets, offer quick and applicable digital outlet management system to help the members promote level of management, making profit and competitiveness, creating a rural security and consumption platform to bring surrounding rural people real and cheap daily articles of a full series.
The company believes that it is in a good position to take advantage of the No 1 Document and well ahead of any competitors servicing the rural areas.
The full summary of this document can be viewed under the "Filing Tab" by visiting Pink Sheets.Com symbol GLCC.
* In China Good Life China operates under the brand name Haorizi Co., Ltd and Huozhan Co Ltd.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
On October 9, 2008, the Third Plenary Session of the 17th Central Committee of China was held in Beijing and what were discussed was how to push rural reform and development in China. The "# 1 Document" instructs agricultural and rural development issues.
The # 1 Document of the Central Government in 2008 puts forward the policies definitely, "strengthen rural market system construction, establish and improve big market and big distribution adjusting to modern agricultural development". # 1 Document also puts forward the promotion of information in rural areas, which has been emphasized for 4 consecutive years. Thus, in order to realize the idea of logistics in rural areas, it is vital to strongly advance the information of rural logistics.
As an enterprise of E-commerce and logistics service faced with Chinese market, Haorizi Co. Ltd. has almost 10-years experience of operation in rural market. It owns an information service system, a purchasing and selling terminal network linked between cities and towns and an E-commerce platform, which can provide rural retailers and suppliers with one-station service of E-commerce and logistics distribution, supplier members with intensive storage and logistics distribution service, lower distribution cost for suppliers and assist supplier members in expanding marketing channels to realize capital "zero-risk". The system can also enable outlet members to log in to www.huozhan.com to conveniently and efficiently complete online order and automatic replenishment without leaving outlets, offer quick and applicable digital outlet management system to help the members promote level of management, making profit and competitiveness, creating a rural security and consumption platform to bring surrounding rural people real and cheap daily articles of a full series.
The company believes that it is in a good position to take advantage of the No 1 Document and well ahead of any competitors servicing the rural areas.
The full summary of this document can be viewed under the "Filing Tab" by visiting Pink Sheets.Com symbol GLCC.
* In China Good Life China operates under the brand name Haorizi Co., Ltd and Huozhan Co Ltd.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
Sunday, November 2, 2008
Certified Environmental Group Enters Joint Venture With Alzihad Group of Companies in a Six City Development Project
TORONTO, ONTARIO--(MARKET WIRE)--Oct 31, 2008 -- Certified Environmental Group, Inc (Other OTC:CENV.PK - News) today announced its Canadian subsidiary Global Life Holdings Inc. has entered into a Joint Venture company with Alzahid Group of Companies soon to be operating under the name of Alzahid Global Life Builders, located in Saudi Arabia.
Alzahid Group of Companies www.alzahidgroup.com operating since 1951 has evolved as a multi-billion dollar group of companies. Innovative and visionary they are excited to partner with CEG to execute environmentally friendly solutions to providing drinking water, building and power infrastructures for six new cities.
Lin Armstrong Sharwood President of Certified Environmental Group, explained "the Saudi Arabian and Middle East economy is booming, the opportunities seem endless as entire infrastructures for water, power and building will have to be created. Joining forces with Alzahid Group is a huge opportunity for this company and our shareholders with revenue projections that are not typical for a company just entering the public market".
Certified Environmental Group through our Canadian subsidiary Global Life Holdings Inc. produces a unique building system and ISO manufactured water purification plants powered by solar and or wind energy, perfect for the Saudi environment. CEG will join forces with Alzahid Group in the construction of six brand new cities. Cost effective and modular, CEG offers custom solutions that will generate incredible interest and growth for the next 15 years.
President Lin Armstrong Sharwood is expected to visit Alazhid company executives in Saudi Arabia in the next few weeks and will update shareholders as events unfold.
Certified Environmental Group develops and commercializes alternative energy solutions focusing on clean drinking water, power and shelter through its fully owned operating subsidiary Global Life Water. Visit us at www.certifiedenvironmentalgroup.com.
Safe Harbor: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Certified Environmental Group Inc. to be materially different from the statements made herein.
Alzahid Group of Companies www.alzahidgroup.com operating since 1951 has evolved as a multi-billion dollar group of companies. Innovative and visionary they are excited to partner with CEG to execute environmentally friendly solutions to providing drinking water, building and power infrastructures for six new cities.
Lin Armstrong Sharwood President of Certified Environmental Group, explained "the Saudi Arabian and Middle East economy is booming, the opportunities seem endless as entire infrastructures for water, power and building will have to be created. Joining forces with Alzahid Group is a huge opportunity for this company and our shareholders with revenue projections that are not typical for a company just entering the public market".
Certified Environmental Group through our Canadian subsidiary Global Life Holdings Inc. produces a unique building system and ISO manufactured water purification plants powered by solar and or wind energy, perfect for the Saudi environment. CEG will join forces with Alzahid Group in the construction of six brand new cities. Cost effective and modular, CEG offers custom solutions that will generate incredible interest and growth for the next 15 years.
President Lin Armstrong Sharwood is expected to visit Alazhid company executives in Saudi Arabia in the next few weeks and will update shareholders as events unfold.
Certified Environmental Group develops and commercializes alternative energy solutions focusing on clean drinking water, power and shelter through its fully owned operating subsidiary Global Life Water. Visit us at www.certifiedenvironmentalgroup.com.
Safe Harbor: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Certified Environmental Group Inc. to be materially different from the statements made herein.
Wednesday, October 29, 2008
Certified Environmental Group Inc. Signs Multimillion Dollar Agreement
TORONTO, ONTARIO--(MARKET WIRE)--Oct 29, 2008 -- Certified Environmental Group Inc. (Other OTC:CENV.PK - News) today announces it has signed an agreement with First Nations to provide clean drinking water units to its communities.
There are more than 135 First Nations communities in the east coast that require clean drinking water. Global Life Water purification power plants can successfully purify fast current river water. Funding of the water power stations for the 135 First Nations communities is approximately a $75,000,000 undertaking. The Global Life Water water purification power plants provide 5,000 gallons of clean drinking water every day and up to 2.5 KW of electricity as a compact stand-alone unit.
Eel River Bar NB Chief Everett Martin commented, "The Global Life Water solution is an inexpensive alternative to mega-plants that do the job with strong chemicals and cost a great deal more."
Certified President Lin Armstrong Sharwood states, "The corporate restructuring of Certified Environmental Group Inc. is ongoing and we continue to work with organizations like Pinksheets and the DTC to complete requirements. We are absolutely thrilled to be up and running with our fully owned operating subsidiary Global Life Water. Our alliance with First Nations is a large step forward under the Certified Environmental Group banner; we have many exciting initiatives unfolding and we will continue to update our shareholders."
Certified Environmental Group develops and commercializes alternative energy solutions focusing on clean drinking water, power and shelter through its fully owned operating subsidiary Global Life Water. Visit us at www.certifiedenvironmentalgroup.com.
Safe Harbor: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Certified Environmental Group Inc. to be materially different from the statements made herein.
There are more than 135 First Nations communities in the east coast that require clean drinking water. Global Life Water purification power plants can successfully purify fast current river water. Funding of the water power stations for the 135 First Nations communities is approximately a $75,000,000 undertaking. The Global Life Water water purification power plants provide 5,000 gallons of clean drinking water every day and up to 2.5 KW of electricity as a compact stand-alone unit.
Eel River Bar NB Chief Everett Martin commented, "The Global Life Water solution is an inexpensive alternative to mega-plants that do the job with strong chemicals and cost a great deal more."
Certified President Lin Armstrong Sharwood states, "The corporate restructuring of Certified Environmental Group Inc. is ongoing and we continue to work with organizations like Pinksheets and the DTC to complete requirements. We are absolutely thrilled to be up and running with our fully owned operating subsidiary Global Life Water. Our alliance with First Nations is a large step forward under the Certified Environmental Group banner; we have many exciting initiatives unfolding and we will continue to update our shareholders."
Certified Environmental Group develops and commercializes alternative energy solutions focusing on clean drinking water, power and shelter through its fully owned operating subsidiary Global Life Water. Visit us at www.certifiedenvironmentalgroup.com.
Safe Harbor: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Certified Environmental Group Inc. to be materially different from the statements made herein.
Monday, October 27, 2008
Land Star (LDSR) Inc. Colorado Merger Update
BEIJING, Oct. 27 /PRNewswire-FirstCall/ - Land Star Inc. (LDSR) www.landstarcorp.com further to the company's news release of Oct. 24 where amongst other things the issuer announced that it has scheduled a closing date for the merger completion of the Colorado mining project to be completed by the end of this week, the company is pleased to provide this further update.
In relation to this Colorado opportunity our geologist has been working through 7 different reports from 1930's that are extremely detailed. In addition there are 6 recent geological reports from the 1980's and hundreds of assay samples, to quantify the indicated reserves, the results of which should be completed shortly.
Under the current projections, processing 200 tons per day has the potential to produce revenues of around 80 million dollars per annum.
In other corporate updates, management representatives are still finalizing the details of the planned acquisition of Hubei Chuguan. Mr. Li the company CEO said, "We are working as quickly as we can through the mountain of paperwork and the needed translations, we anticipate that the Hubei Chuguan deal will be finalized shortly."
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or misinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
In relation to this Colorado opportunity our geologist has been working through 7 different reports from 1930's that are extremely detailed. In addition there are 6 recent geological reports from the 1980's and hundreds of assay samples, to quantify the indicated reserves, the results of which should be completed shortly.
Under the current projections, processing 200 tons per day has the potential to produce revenues of around 80 million dollars per annum.
In other corporate updates, management representatives are still finalizing the details of the planned acquisition of Hubei Chuguan. Mr. Li the company CEO said, "We are working as quickly as we can through the mountain of paperwork and the needed translations, we anticipate that the Hubei Chuguan deal will be finalized shortly."
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or misinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
Sunday, October 26, 2008
Land Star (LDSR) Inc. Schedules Closing Date For Colorado Merger
BEIJING, Oct. 24 /PRNewswire-FirstCall/ - Land Star Inc. (LDSR) www.landstarcorp.com today after the market closed, the issuer announced that it has scheduled a closing date for the merger completion of the Colorado mining project to be completed next week, the week of October 27. The company is also acquiring a processing plant, to process ore from the bonanza style patented prospect, on a valuable milling patent held on the project.
Mr. Fowler, the company's Chief Geologist, said, "The ability to process onsite the readily available ore, from these established mining patents, brings forward the critical cash flow needed to fund an extensive drilling program. This is an important component as it elevates the need to have the company finance the same via debt, dilution, or other means. To fully understand the scope and extent of what appears to be an extremely attractive prospect, one just has to consider the following. The highest grade recorded pre 1937 on these patents was 300 ounces per ton, this is unheard of in modern times, but was more common on high grade deposits from this area. The management and staff of Land Star are delighted and excited about the future of this project to say the least".
In other corporate news the issuer officially launched its corporate web site www.landstarcorp.com. All relevant info about the issuer will be posted on this site and www.pinksheets.com symbol LDSR. Concurrently, management representatives are in Beijing still finalizing the details of the planned acquisition of Hubei Chuguan. It is anticipated that once the fine details of the Hubei Chuguan deal should be finalized shortly.
Mr Fowler concluded "These are truly exciting times for all of us at Land Star"
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
Contact Investor Relations www.minamargroup.com/helpdesk
Mr. Fowler, the company's Chief Geologist, said, "The ability to process onsite the readily available ore, from these established mining patents, brings forward the critical cash flow needed to fund an extensive drilling program. This is an important component as it elevates the need to have the company finance the same via debt, dilution, or other means. To fully understand the scope and extent of what appears to be an extremely attractive prospect, one just has to consider the following. The highest grade recorded pre 1937 on these patents was 300 ounces per ton, this is unheard of in modern times, but was more common on high grade deposits from this area. The management and staff of Land Star are delighted and excited about the future of this project to say the least".
In other corporate news the issuer officially launched its corporate web site www.landstarcorp.com. All relevant info about the issuer will be posted on this site and www.pinksheets.com symbol LDSR. Concurrently, management representatives are in Beijing still finalizing the details of the planned acquisition of Hubei Chuguan. It is anticipated that once the fine details of the Hubei Chuguan deal should be finalized shortly.
Mr Fowler concluded "These are truly exciting times for all of us at Land Star"
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
Contact Investor Relations www.minamargroup.com/helpdesk
Wednesday, October 22, 2008
Hat Trick Beverages (HKBV) Receives Canadian Franchise Membership and To Participate in Toronto Franchise Expo
TORONTO, Oct. 22 /PRNewswire-FirstCall/ - Hat Trick Beverages Inc. (HKBV.PK) - The issuer is pleased to announce that it has received the approval to participate at the Canadian Franchise show this weekend in Toronto. At the same time it received approval to become members of Canadian Franchise Association
Mr. Vaiser CEO of Hat Trick said, "These shows are great for brand name awareness and to drum up sales. The Oshawa-Ajax show brought us several deals already and we expect more sales from this show. We are also working on a number of leads for Pringles that we got at the last Toronto show as well. We are also working hard at launching our manufacturing facilities Nadia Industries in Italy and we will have some images to display on our web site shortly, for our shareholders and followers. Lastly we have submitted an expose for the merger with a Frankfurt listed company as previously announced, and are proceeding down that path. We are receiving many inquiries from our shareholders regarding the merger deal. The way we understand the deal is being structured, our corporate advisors tell us that when all is said and done all Hat Trick shareholders on record will receive stock in the Frankfurt merger company, and will also retain their Hat Trick positions as well" .
The issuer will make further announcements on this shortly.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet (www.pinksheets.com) filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
Mr. Vaiser CEO of Hat Trick said, "These shows are great for brand name awareness and to drum up sales. The Oshawa-Ajax show brought us several deals already and we expect more sales from this show. We are also working on a number of leads for Pringles that we got at the last Toronto show as well. We are also working hard at launching our manufacturing facilities Nadia Industries in Italy and we will have some images to display on our web site shortly, for our shareholders and followers. Lastly we have submitted an expose for the merger with a Frankfurt listed company as previously announced, and are proceeding down that path. We are receiving many inquiries from our shareholders regarding the merger deal. The way we understand the deal is being structured, our corporate advisors tell us that when all is said and done all Hat Trick shareholders on record will receive stock in the Frankfurt merger company, and will also retain their Hat Trick positions as well" .
The issuer will make further announcements on this shortly.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet (www.pinksheets.com) filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
Subscribe to:
Posts (Atom)