Archive for December, 2013
(JMSN) to Present at LD Micro Conference in Los Angeles, December 4
Live Company Presentation to Be Delivered by CEO Michael Stanford
LAS VEGAS, NV–(Dec 3, 2013) – Jameson Stanford Resources Corp. (OTCQB: JMSN) (the “Company”), a company engaged in the exploration and development of mining claims and mineral leases in southwest Utah, will make a presentation to potential investors at the LD Micro Conference at the Luxe Hotel in Los Angeles, California, December 4 at 2 p.m. PT.
The presentation by the Company’s President and Chief Executive Officer Michael Stanford and Executive Vice President Michael Christiansen will include a review of the Company’s 2013 operations achievements as well as a preview of 2014 growth strategies.
“We are honored to present at this year’s LD Micro Conference, an event that has built a strong reputation for the high-quality investors in attendance,” said Christiansen. “Our presentation will provide investors with an overview of our current projects, recent developments and a look at what we’re expecting in the fourth quarter and year ahead.”
About Jameson Stanford Resources Corp.
Jameson Stanford Resources is focused on developing significant mining claims, mineral leases and excavation rights for projects located in historic mining districts and other sites in central and southwestern Utah. The Company is presently engaged in exploration and development activities in connection with two high-grade copper, gold, silver and base metals properties located in historic mining districts in Beaver County and Juab County, Utah. In addition, Jameson Stanford Resources has acquired excavation rights and special permitting related to deposits of alluvial minerals and silica sand located in Weber County, Utah.
For more information visit www.JamesonStanford.com
Facebook: https://www.facebook.com/JamesonStanfordJMSN
Twitter: https://twitter.com/JamesonJMSN
Safe Harbor Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events or results to differ materially from those projected in the forward-looking statements as a result of various factors and other risks, including those set forth in the Company’s Form 10-K filed with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and the Company undertakes no obligation to update such statements.
Contact:
Jameson Stanford Resources Corp.
Las Vegas, NV
www.JamesonStanford.com
702-933-0808
IR@JamesonStanford.com
DreamTeamGroup
Indianapolis, IN
www.DreamTeamGroup.com
317-623-3050
editor@DTG.fm
(HOTR) Appalachian Mountain Brewery to Acquire North Carolina Natural Energy
CHARLOTTE, N.C., Dec. 3, 2013 — In a strategic move to prepare for wholesale distribution of its award winning craft beer, Boone, NC-based Appalachian Mountain Brewery announced today it entered into a letter of intent to acquire North Carolina Natural Energy, Inc., a publicly traded company, (OTC:NCNE). North Carolina Natural Energy, Inc., a Florida Corporation headquartered in the foothills of NC will change its name to Appalachian Mountain Brewery Inc. and begin trading as a craft brewery. Terms have been agreed upon and approved by both parties with closing expected before year end.
North Carolina Natural Energy, Inc. provides a wholesale liquor, beer and wine license with US Alcohol and Tobacco Tax and Trade Bureau (TTB.gov) as well as access to the public markets including a sophisticated shareholder group. Notably, one of NCNE’s shareholders, Chanticleer Holdings, Inc. (Nasdaq:HOTR) and its CEO Mike Pruitt, played a key advisory role in facilitating this combination. “Sean and his team have created international award-winning craft beers that are gaining brand recognition throughout our region. We look forward to showcasing AMB’s craft beers in our restaurants and assisting in its regional distribution. Our Company will continue to assist AMB in its growth and expansion to becoming a global brand,” Mike Pruitt commented.
Sean Spiegelman, founder of Appalachian Mountain Brewery will be appointed CEO of the publicly traded company and continue to manage the brewery by offering a unique experience through community stewardship and environmental sustainability as a core part of the business. The brewery’s modern equipment utilizes American Made JV Northwest Brewing equipment, a 5KW array of solar panels to offset electricity along with a recapturing system to save water in the brew process. In keeping with the brewery’s sustainable mission to reduce, reuse and recycle, AMB has a grain exchange program whereby all spent grain is donated to local farms. AMB also has a “Pints For Non-Profits Program,” whereby a portion of proceeds from each beer sold is donated to local non-profit organizations.
Craft brewer retail dollar volume in 2012 was estimated at $10.2 billion, up from $8.7 billion in 2011. Appalachian Mountain Brewery is at the forefront of a growing trend where craft brewing has increased by 15% and overall beer sales topped $99 billion in 2012.
About Appalachian Mountain Brewery, LLC
Appalachian Mountain Brewery, the Official Brewery of the Appalachian Mountains, not only makes seriously delicious craft beer, but focuses its business model on sustainability, community, and philanthropy. AMB won two Gold Medals and won the overall categories in the 2013 United States Open Beer Championship for its Honey Badger Blonde Ale and California Common. AMB competed against the biggest and best breweries from around the world where over 2,500 beers competed in 68 categories for aroma, appearance, mouth feel, flavor and overall impression. Appalachian Mountain Brewery, located at 3,333 feet elevation atop the Appalachian Mountain Range in Boone, NC, is certified by the NC GreenTravel Initiative, a program that recognizes state travel-related businesses that employ healthy environmental practices. AMB is within minutes of world-class destinations such as Grandfather Mountain, Tweetsie Railroad, Beech Mountain, Sugar Mountain, Appalachian Ski Resorts and the three-time National Football Champions Appalachian State University.
For further information, please visit: www.appalachianmountainbrewery.com
Facebook: https://www.facebook.com/appalachianmountain.brewery
Awards: www.usopenbeer.com
Sustainability: http://portal.ncdenr.org/web/deao/ncgreentravel-attractionlist
About Chanticleer Holdings, Inc.
Chanticleer Holdings (Nasdaq:HOTR) is focused on expanding the Hooters® casual dining restaurant brand in international emerging markets and American Roadside Burgers Inc (“ARB”), a Charlotte, N.C. based chain. Chanticleer currently owns in whole or part of the exclusive franchise rights to develop and operate Hooters restaurants in South Africa, Hungary and parts of Brazil, and has joint ventured with the current Hooters franchisee in Australia, while evaluating several additional international opportunities. The Company currently owns and operates in whole or part of seven Hooters restaurants in its international franchise territories: Durban, Johannesburg, Cape Town and Emperor’s Palace in South Africa; Campbelltown in Australia; Budapest in Hungary; and Nottingham in the United Kingdom. ARB, purchased by Chanticleer Holdings on October 1, 2013, has a total of 5 casual restaurants — 1 location in Smithtown, N.Y., 2 locations in Charlotte, N.C., 1 location in Columbia, S.C., and the newest location is in Greenville, S.C. The Company also owns a majority interest in JF Restaurants, LLC and JF Franchising Systems, fresh food-focused casual dining established with 5 restaurant locations.
For further information, please visit www.chanticleerholdings.com
Facebook: www.Facebook.com/ChanticleerHOTR
Twitter: http://Twitter.com/ChanticleerHOTR
For further information on Hooters of America, visit www.Hooters.com
Facebook: www.Facebook.com/Hooters
Twitter: http://Twitter.com/Hooters
Safe Harbor
This press release contains forward-looking statements subject to the inherent uncertainties in predicting future results and conditions. Any statements that are not statements of historical fact (including statements containing the words “believes,” “plans,” “anticipate,” “expects,” “estimates,” and similar expressions) should also be considered to be forward-looking statements. Certain factors could cause actual results and conditions to differ materially from those projected in these forward-looking statements. We undertake no obligation to update such statements to reflect subsequent events.
CONTACT: Clinton Walker (704) 965-7520
(CXM) LifeAgain’s Bluemetric Select Life Insurance Now Offered At Lifequotes.com
First National Direct Life Insurance Marketing Company to Offer LifeAgain’s BlueMetric Select Life Insurance Program for Men with Active Localized Prostate Cancer
SAN DIEGO, Dec. 3, 2013 — LifeAgain Insurance Solutions Inc., a wholly-owned subsidiary of Cardium Therapeutics (NYSE MKT: CXM), today announced that its BlueMetric Select term life insurance program is now available through Life Quotes, Inc., the first national direct marketing company to offer LifeAgain’s term life insurance program for men with active localized prostate cancer. Life Quotes owns and operates Lifequotes.com, an award-winning life insurance exchange staffed by approximately 100 insurance professionals.
“We are pleased to offer LifeAgain’s BlueMetric Select term life insurance program on the LifeQuotes.com platform,” stated Christopher J. Reinhard, CEO of LifeAgain. “LifeAgain has effectively extended life insurance eligibility to as many as 400,000 men annually following their cancer diagnosis or upon the completion of prostate cancer surgery, without the traditional multi-year waiting periods and additional medical re-qualifications generally required by most life insurance companies. The purchase of life insurance online is steadily rising as more and more customers turn to the internet to purchase insurance. We look forward to working with Life Quotes, and to introducing our term life insurance program for men with prostate cancer to other direct marketers to allow additional online accessibility to our BlueMetric Select term life insurance program.”
“The LifeAgain BlueMetric term life insurance plan represents a unique and significant breakthrough for certain newly-diagnosed prostate cancer patients,” remarked Robert Bland, CEO of LifeQuotes, Inc. “We’re delighted to offer this groundbreaking new life insurance plan on our platform for the benefit of our customers who may have prostate cancer. The competitively-priced LifeAgain BlueMetric life insurance plan represents a major marketplace advancement in terms of combining the latest bio-medical knowledge with actuarial science for the benefit of prostate cancer patients.”
The Life Insurance Direct Marketing Association (LIDMA) recently reported that, “direct response selling of life insurance is the fastest growing segment of the life insurance industry today. Each year a higher percentage of overall life insurance sales can be attributed to some type of direct marketing effort. More than $300 million in life insurance premium is initiated each year from direct response efforts, and direct sales of life insurance represents as much as 10% of all policy sales on an annual basis.”
For cancer patients who often feel a genuine need for life insurance, it is typically unavailable. Life insurance generally only becomes an option after five years of being cancer free. Even then, it can be an uphill battle depending on the type, stage, grade of the cancer, and the treatment plan. LifeAgain’s BlueMetric Select program was specifically designed to provide eligible men with term life insurance coverage following a cancer diagnosis or upon the completion of a prostate cancer surgery, without the traditional multi-year waiting periods and additional medical re-qualifications generally required by most life insurance companies. Importantly, coverage is also now available to prostate cancer patients who are in a “watchful waiting” treatment plan, including younger men who traditionally have been denied life insurance with few exceptions.
About BlueMetric Select Term Life Insurance
The BlueMetric Select program is been designed for men aged 45-65, who are in otherwise good health and who have low- to medium-risk active localized prostate cancer, which has been confirmed by a recent biopsy, and for men who have recently completed prostate cancer surgery. This program seeks to provide term life insurance coverage and may include an automatic renewal option (following the initial ten-year term), the right to convert into universal life insurance, and an accelerated benefit in the event of a terminal illness. The BlueMetric Select Program is designed to offer substantial coverage levels, ranging from $100,000 to $1,000,000, without waiting periods, so an individual can begin the application process on the day of his prostate cancer diagnosis, or immediately following completion of prostate cancer surgery. Additional information about the BlueMetric Select Program is available at www.lifeagain.com/wp-content/pdfs/symetra-level-term-fact-sheet.pdf.
About Life Quotes, Inc.
Privately-held Life Quotes, Inc., headquartered in Darien, IL, operates an Internet-based life insurance price comparison service and brokerage operation for consumers in all 50 states. Over 300,000 people have purchased policies from Life Quotes since the firm’s founding in 1984. The company provides instant life insurance quotes and companion expert advice through 100 insurance professionals. Visitors to www.Lifequotes.com can instantly and anonymously compare the rates of 30 leading life insurance companies in seconds and have the freedom to apply to any company shown.
About LifeAgain
LifeAgain Insurance Solutions is an advanced medical data analytics business and national life insurance agency that is focused on the development, marketing and sale of “survivable risk” term life insurance programs for cancer survivors or others with medical conditions who are currently considered uninsurable based on traditional underwriting standards. LifeAgain recently launched its initial BlueMetric Select term life insurance program, underwritten by Symetra Life Insurance, for men with active localized prostate cancer. LifeAgain plans to develop additional new and innovative life insurance solutions for men and women with other medical conditions. For more information about LifeAgain, visit www.lifeagain.com.
About Cardium
Cardium is a health sciences and biotechnology regenerative medicine company. Cardium has three business units: (1) Angionetic Therapeutics™, focused on the late-stage clinical development of Generx®, an angiogenic gene therapy product candidate for the treatment for cardiac microvascular insufficiency due to advancing coronary artery disease; (2) Activation Therapeutics™, a regenerative medicine wound healing technology and commercialization platform, that includes Excellagen®, an FDA-cleared advanced wound care product; and (3) LifeAgain® Insurance Solutions, an advanced medical data analytics platform that supports the Company’s BlueMetric Select term life insurance program underwritten by Symetra Life Insurance for men with active localized prostate cancer. For more information about Cardium visit www.cardiumthx.com.
Forward-Looking Statements
This press release includes statements that look forward in time or that express management’s beliefs, expectations or hopes. Such statements are necessarily based on estimates and assumptions that are inherently subject to significant business, economic, and competitive uncertainties and contingencies, many of which are beyond our control and subject to change. Moreover, we operate in a rapidly changing and competitive environment. These uncertainties and contingencies could cause actual results to differ materially from those expressed, and therefore undue reliance should not be placed upon such statements. The Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances that occur after the date of this report.
LifeAgain Insurance Solutions Inc. is a life insurance agency incorporated in Delaware and registered in New York as LifeAgain Insurance Services. Insurance issued under the BlueMetric Select program may not be available in all states.
For the education of Producers and Brokers Only – not for public use.
Copyright 2013 LifeAgain Insurance Solutions Inc. All rights reserved.
For Terms of Use Privacy Policy, please visit www.lifeagain.com.
LifeAgain®, BlueMetric Select™, Decision Rule Adaption™, and ADAPT™ are trademarks of
LifeAgain Insurance Solutions Inc. or Cardium Therapeutics, Inc.
Other trademarks belong to their respective owners.
(CLPI) Majority Ownership of Money-on-Mobile Approved
Calpian, Inc. (OTCQB:CLPI) announced today that the Finance Ministry of the Government of India through the Foreign Investment Promotion Board (FIPB) has unconditionally approved Calpian’s application to own up to 74% of My Mobile Payments, Ltd. which currently operates as Money-on-Mobile (MOM) in India.
“The FIPB approval allows Calpian, Inc. to own a majority of Money-on-Mobile and eventually consolidate our financials, resulting in a clear picture to the market of Money-on-Mobile’s growth in India. We are excited about what the future holds for Calpian, as we are only just beginning to penetrate the broader market in India. The Money-on-Mobile team has executed their business plan brilliantly which has resulted in over 300% growth in the 20 months since we made our first investment there,” said Calpian, Inc. CEO Harold Montgomery.
“We are encouraged that the FIPB has approved this expansion of the Calpian/MOM partnership which has been so very successful to date. We look forward to the continuation of our growth through this investment partnership,” added Money-on-Mobile Managing Director, Shashank Joshi.
About Calpian, Inc. and Money-on-Mobile
Calpian, Inc. (OTCQB: CLPI) is a publicly traded company with corporate offices in Dallas, Texas and mobile payments emerging-market operations through its subsidiary in India. Calpian’s Indian subsidiary offers Money-on-Mobile, a pre-paid mobile payment solution, to more than 167,000 Indian retail locations with over 75 million unique users. Calpian’s management team has over 70 years in combined experience in the payments business. Calpian’s CEO, Harold Montgomery, is a recognized industry leader who has provided expert testimony to the U.S. Congress and Federal Reserve Bank on payments-related issues and regularly appears in numerous industry publications, such as Transaction World Magazine. Please visit our website at www.calpian.com for more information.
(MKTO) Announces Partnership with Marketing Software Expert, Marketo
EAST NORRITON, Pa., Dec. 2, 2013 — HighPoint Solutions, LLC, a premier, global provider of specialized IT services dedicated to the Life Sciences and Healthcare industries, announced today a new strategic partnership with Marketo (NASDAQ: MKTO), the leading cloud-based marketing software platform for building and sustaining engaging customer relationships. Marketo understands the marketing and sales world is rapidly changing, including the increasing number of marketing channels to manage from search marketing to e-commerce, social media, and mobile. Marketo validates it is more important than ever for companies to effectively use these channels to establish strong long-lasting relationships with their customers, achieve acquisition success, and promote sustained customer lifetime value.
Sam Schmitt, Vice President of Commercial Excellence at HighPoint Solutions, said, “Our Life Sciences clients are requesting solutions to improve multi-channel marketing capabilities for their complex customer environment including payers, health care professionals, and patients.” Schmitt continued, “Marketo’s best in class marketing automation software, combined with HighPoint’s industry expertise, enables us to bring Life Sciences manufacturers customized marketing automation solutions that can create competitive advantage for our joint customers. We are truly excited about the value our partnership will bring to each other and most importantly our joint customers.”
“By combining HighPoint’s deep expertise in Life Sciences and Healthcare with the power of Marketo’s marketing platform, we can deliver even more value for our mutual clients,” said Mark Sheridan, Vice President of Business Development at Marketo. “As the Healthcare and Life Sciences industries are evolving, the ability to engage consumers, patients and providers across multiple channels and measuring the ROI is becoming even more critical.”
HighPoint focuses on the needs of their clients by continually improving their consultants with the knowledge and resources of current trends, strategies, and technologies available to deliver a comprehensive strategic package.
About HighPoint Solutions
HighPoint Solutions is a premier, global provider of specialized IT with vertically-focused business consulting, system integration, professional service, and managed hosting solutions for life sciences and healthcare companies. Since 2000, our 500+ consultants have provided business consulting and technology solutions that continue to deliver business value and competitive advantage to more than 140 clients globally.
For more information about HighPoint Solutions and their upcoming events, please visit http://highpointsolutions.com/
About Marketo: Marketing Software. Easy, Powerful, Complete.
Marketo (NASDAQ: MKTO) provides the leading cloud-based marketing software platform for companies of all sizes to build and sustain engaging customer relationships. Spanning today’s digital, social, mobile and offline channels, the Marketo® solution includes a complete suite of applications that help organizations acquire new customers more efficiently, maximize customer loyalty and lifetime value, improve sales effectiveness, and provide analytical insight into marketing’s contribution to revenue growth. Marketo’s applications are known for their breakthrough ease-of-use, and are complemented by the Marketing Nation™, a thriving network of more than 150 LaunchPoint™ ecosystem partners and over 30,000 marketers who share and learn from each other to grow their collective marketing expertise. The result for modern marketers is unprecedented agility and superior results.
Headquartered in San Mateo, CA with offices in Europe and Australia, Marketo serves as a strategic marketing partner to more than 2,500 large enterprises and fast-growing small companies across a wide variety of industries. For more information, visit www.marketo.com.
Marketo, the Marketo logo, Marketing Nation and LaunchPoint are trademarks of Marketo, Inc. All other trademarks are the property of their respective owners.
(EDS) Enters into a Merger Agreement for a “Going Private” Transaction
FUJIAN, China, Dec. 2, 2013 — Exceed Company Ltd. (NASDAQ: EDS) (“Exceed” or the “Company”), one of the leading domestic sportswear brands in China, today announced that it has entered into a definitive Agreement and Plan of Merger (the “Merger Agreement”) with Pan Long Company Limited (“Parent”), an exempted company with limited liability incorporated under the laws of the Cayman Islands and wholly owned by Mr. Shuipan Lin (“Mr. Lin”), the Company’s Chairman and Chief Executive Officer, and Pan Long Investment Holdings Limited (“Merger Sub”), a business company with limited liability incorporated under the laws of the British Virgin Islands (“BVI”) and a wholly owned subsidiary of Parent, pursuant to which Parent will acquire the Company for US$1.78 per ordinary share of the Company (a “Share”). This represents a 19.5% premium over the closing price of US$1.49 on August 16, 2013, the last trading day prior to the Company’s announcement on August 19, 2013 that it had received a “going private” proposal, and a 24.4% premium over the volume-weighted average closing price of the Company’s Shares during the 30 trading days prior to August 16, 2013. The consideration to be paid to holders of Shares implies an equity value for the Company of approximately US$60.1 million, on a fully diluted basis.
Upon consummation of the transactions contemplated under the Merger Agreement, Parent will be beneficially owned by Mr. Lin, (and/or entities affiliated with or related to them) (collectively, the “Buyer Group”), together with seven existing shareholders of the Company (and/or entities affiliated with or related to them) who have elected to transfer, prior to the closing, their Shares to Parent in exchange for newly issued shares of Parent (the “Rollover Shareholders”).
Subject to the terms and conditions of the Merger Agreement, at the effective time of the merger (the “Effective Time”), Merger Sub will merge with and into the Company, with the Company continuing as the surviving corporation and a wholly owned subsidiary of Parent (the “Merger”). At the Effective Time, each of the Company’s Shares issued and outstanding immediately prior to the Effective Time will be cancelled in exchange for the right to receive US$1.78 in cash and without interest, except for the excluded Shares (the “Excluded Shares”), which include: (i) Shares legally owned by Parent; and (ii) dissenting Shares (the “Dissenting Shares”) owned by holders of Shares who have validly exercised and not effectively withdrawn or lost their dissenter’s rights pursuant to Section 179 of the BVI Business Companies Act, 2004, as amended (the “BVI Companies Act”) (the “Dissenting Shareholders”). Each Excluded Share issued and outstanding immediately prior to the Effective Time will be cancelled and will cease to exist, and no consideration will be delivered with respect thereto. Each Dissenting Share will be cancelled at the Effective Time for the right to receive the fair value of such Shares as determined in accordance with the provisions of the BVI Companies Act.
Parent has received from Mr. Lin an equity commitment letter, pursuant to which Mr. Lin has committed to subscribe for ordinary shares in Parent in the amount of US$19,545,858 subject to adjustment in certain cases. Mr. Lin has also entered into a limited guarantee in favor of the Company.
The Company’s board of directors, acting upon the unanimous recommendation of the independent committee formed by the board of directors (the “Independent Committee”), approved the Merger Agreement and the Merger and resolved to recommend that the Company’s shareholders vote to authorize and approve the Merger Agreement and the Merger. The Independent Committee, which is comprised solely of independent and disinterested directors of the Company who are unaffiliated with any of Parent, Merger Sub, or the Buyer Group, negotiated the terms of the Merger Agreement with the assistance of its financial and legal advisors.
The Merger, which is currently expected to close in the first quarter of 2014, is subject to customary closing conditions, including the approval by an affirmative vote of shareholders representing more than seventy percent (70%) of the outstanding Shares of the Company as of the record date, present and voting in person or by proxy as a single class at an extraordinary general meeting of the Company’s shareholders which will be convened to consider the approval of the Merger Agreement and the Merger. As of the date of the Merger Agreement, the Rollover Shareholders have agreed under a voting agreement to vote all in favor of the Merger Agreement and consummation of the transactions contemplated thereby, including the Merger. If completed, the Merger will result in the Company becoming a privately held company and its Shares will no longer be listed on Nasdaq.
Houlihan Lokey (China) Limited is serving as financial advisor to the Independent Committee. K&L Gates LLP is serving as United States legal advisor to the Independent Committee and the Company. Walkers is serving as BVI legal advisor to the Independent Committee. Skadden, Arps, Slate, Meagher & Flom LLP is serving as United States legal advisor to the Buyer Group.
Additional Information about the Transaction:
In connection with the execution of the Merger Agreement, will furnish to the Securities and Exchange Commission (the “SEC”) a report on Form 6-K regarding the proposed transactions described in this announcement, which will include as an exhibit to such filing the Merger Agreement. Any person desiring details regarding the proposed Merger are urged to review these documents, which will be available at the SEC’s website (http://www.sec.gov).
In connection with the proposed Merger, the Company will prepare and mail a proxy statement to its shareholders. In addition, certain participants in the proposed Merger will prepare and mail to the Company’s shareholders a Schedule 13E-3 transaction statement. These documents will be filed with or furnished to the SEC. INVESTORS AND SHAREHOLDERS ARE URGED TO READ CAREFULLY AND IN THEIR ENTIRETY THESE MATERIALS AND OTHER MATERIALS FILED WITH OR FURNISHED TO THE SEC WHEN THEY BECOME AVAILABLE, AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY, THE PROPOSED MERGER AND RELATED MATTERS. In addition to receiving the proxy statement and Schedule 13E-3 transaction statement by mail, shareholders also will be able to obtain these documents, as well as other filings containing information about the Company, the proposed Merger and related matters, without charge, from the SEC’s website (http://www.sec.gov) or at the SEC’s public reference room at 100 F Street, NE, Room 1580, Washington, D.C. 20549. In addition, these documents can be obtained, without charge, by contacting the Company at the following address and/or telephone number:
Exceed Company Ltd.
Level 12, China Minmetals Tower,
79 Chatham Road South,
Tsim Sha Tsui, Hong Kong.
Phone: +852 3975-8116
The Company and certain of its directors, executive officers and other members of management and employees may, under SEC rules, be deemed to be “participants” in the solicitation of proxies from shareholders with respect to the Merger. Information regarding the persons or entities who may be considered “participants” in the solicitation of proxies will be set forth in the proxy statement and Schedule 13E-3 transaction statement relating to the Merger when it is filed with the SEC. Information regarding certain of these persons and their beneficial ownership of the Company’s Shares as of December 31, 2012 is also set forth in the Company’s Form 20-F, which was filed with the SEC on March 27, 2013 and amended on September 12, 2013. Additional information regarding the interests of such potential participants will be included in the proxy statement and Schedule 13E-3 transaction statement and the other relevant documents filed with the SEC when they become available.
This announcement is neither a solicitation of proxy, an offer to purchase nor a solicitation of an offer to sell any securities and it is not a substitute for any proxy statement or other filings that may be made with the SEC should the proposed Merger proceed.
About Exceed Company Ltd.
Exceed Company Ltd. designs, develops and engages in wholesale of footwear, apparel and accessories under its own brand, XIDELONG, in China. Since it began operations in 2002, Exceed has targeted its growth on the consumer markets in second and third-tier cities in China. Exceed has three principal categories of products: (i) footwear, which comprises running, leisure, basketball, skateboarding and canvas footwear, (ii) apparel, which mainly comprises sports tops, pants, jackets, track suits and coats, and (iii) accessories, which mainly comprise bags, socks, hats and caps. Exceed Company Ltd. currently trades on Nasdaq under the symbol “EDS”.
Forward-Looking Statements:
This announcement contains forward-looking statements that are based on our current expectations, assumptions, estimates and projections about us and our industry. All statements other than statements of historical fact in this form are forward-looking statements. These forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “estimate”, “plan”, “believe”, “is/are likely to” or other similar expressions. These forward-looking statements involve various risks and uncertainties. The forward-looking statements made in this announcement relate only to events, including the Merger Agreement and its related agreements described above or information as of the date on which this announcement is published. We undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date this announcement is published or to reflect the occurrence of unanticipated events.
For further information, please contact:
Investor Relations
Exceed Company Ltd.
Vivien Tai
+852 3975-8116
ir@xdlong.cn
(DGLY) Receives Initial DVM-250 Order From Kansas City Transportation Group
Company Targets 5,000+ Vehicles Operated by Affiliates of Veolia Transportation
LENEXA, KS–(Dec 2, 2013) – Digital Ally, Inc. (NASDAQ: DGLY), which develops, manufactures and markets advanced video surveillance products for law enforcement, homeland security and commercial applications, today announced that it has received an initial order for 100 DVM-250 Video Event Recorders from Kansas City Transportation Group (“KCTG”). Operating under the names “Yellow Cab”, “10/10 Taxi”, and “Super Shuttle”, KCTG manages a fleet of over 400 transportation vehicles in the Kansas City metropolitan area.
KCTG is part of the transportation division of Veolia Transportation (“Veolia”), the largest non-governmental provider of transit services in North America, with over 5,000 vehicles, 21,000 employees in the United States and Canada, and annual revenue approaching $1 billion. Veolia, which manages many modes of public transit, provides transportation by charter bus, commuter rail, paratransit, private sedan, taxi and airport shuttle services. It is the North American business unit of Veolia Transdev, a global provider of public transportation solutions that is partly owned by Caisse des Depots, a leading French financial institution.
“Our immediate objective is to become the preferred provider of event recording solutions to the 400-plus vehicles that comprise KCTG’s fleet in the Kansas City area, and thus we view this initial 100-unit order as a ‘first step’ in an expanding relationship with a regional leader in public and private transportation,” stated Stanton E. Ross, Chief Executive Officer of Digital Ally, Inc. “The initial installation of 100 DVM-250 event recorders, along with the infrastructure to wirelessly move video for all of KCTG’s vehicles, should be completed by January 1, 2014.”
“Longer-term, we hope to expand our relationship to include Veolia Transportation affiliates in other North American cities. We currently have pilot programs underway in four U.S. cities for other Veolia divisions that involve fleets totaling well over 1,500 vehicles.”
“We believe that KCTG understands the enhanced safety statistical value of having video event recorders in its vehicle fleet, but it wanted a solution that did not involve the payment of recurring monthly fees, which are charged by a number of our competitors,” continued Ross. “We offered the customer a more cost-effective, turn-key solution that includes the in-vehicle recorders, associated infrastructure and video archiving software systems, while eliminating the need for monthly fees.”
“We believe Veolia represents a ‘game-changer’ for our commercial group that affirms our business model for the event recorder market. The deployment of our DVM-250 within the Veolia organization represents a multi-year opportunity. It provides our Company with an ‘anchor’ customer that should allow us to invest additional resources to assure that our hardware and back office solutions for the commercial fleet market are state-of-the-art in performance and reliability. The Veolia opportunity could eventually represent the single largest systems deployment in Digital Ally’s history,” concluded Ross.
About Digital Ally, Inc.
Digital Ally, Inc. develops, manufactures and markets advanced technology products for law enforcement, homeland security and commercial applications. The Company’s primary focus is digital video imaging and storage. For additional information, visit www.digitalallyinc.com.
The Company is headquartered in Lenexa, Kansas, and its shares are traded on The Nasdaq Capital Market under the symbol “DGLY”.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this press release. A wide variety of factors that may cause actual results to differ from the forward-looking statements include, but are not limited to, the following: whether the Company will be able to improve its revenues and operating results in 2013 given the current economic environment; whether KCTG’s initial order of DVM-250 units will result in additional orders from it; whether and the extent to which the Company will be able to obtain orders for the DVM-250 product from Veolia Transportation affiliates in the future; the Company’s ability to deliver its newer product offerings as scheduled and have them perform as anticipated; its ability to obtain the required components and products on a timely basis; its ability to maintain or expand its share of the markets in which it competes, including those outside the law enforcement industry relating to the DVM-250 product; competition from larger, more established companies with far greater economic and human resources; its ability to attract and retain customers and quality employees; the effect of changing economic conditions; and changes in government regulations, tax rates and similar matters. These cautionary statements should not be construed as exhaustive or as any admission as to the adequacy of the Company’s disclosures. The Company cannot predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. The reader should consider statements that include the words “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “projects”, “should”, or other expressions that are predictions of or indicate future events or trends, to be uncertain and forward-looking. The Company does not undertake to publicly update or revise forward-looking statements, whether as a result of new information, future events or otherwise. Additional information respecting factors that could materially affect the Company and its operations are contained in its annual report on Form 10-K for the year ended December 31, 2012 and quarterly report on Form 10-Q for the three and nine months ended September 30, 2013, as filed with the Securities and Exchange Commission.
For Additional Information, Please Contact:
Stanton E. Ross
CEO
(913) 814-7774
or
RJ Falkner & Company, Inc.
Investor Relations Counsel
(800) 377-9893
or via email at info@rjfalkner.com
(GOGO) Receives Supplemental Type Certificate for Ku-Satellite
STC Clears Way for Launch of International Wi-Fi Service
ITASCA, Ill., Dec. 2, 2013 — Gogo (NASDAQ: GOGO), the world leader of in-flight connectivity and a pioneer in wireless in-flight digital entertainment solutions, passed a key milestone in launching its international connectivity service by receiving an STC to install its Ku-satellite technology on Boeing 747-400 aircraft.
(Logo: http://photos.prnewswire.com/prnh/20110715/CG34837LOGO)
Gogo will begin testing the new service immediately and plans to offer the service for customer usage by the first quarter of 2014. The technology will give travelers and crew access to the Internet. The service will also offer passengers Gogo Vision, Gogo’s wireless in-flight entertainment service.
“This is a major milestone for Gogo as a company as it is a big step in clearing the way for international service,” said Michael Small, Gogo’s president and CEO. “We are proud to offer a consistent global connectivity experience anywhere our customers fly; whether it’s on regional aircraft, domestic mainline aircraft or these Ku-equipped 747s that travel around the world.”
Gogo plans to continue installing equipment on 747-400 aircraft throughout 2014, in addition to other international aircraft.
About Gogo
Gogo is the global leader of in-flight connectivity and wireless in-flight digital entertainment solutions. Using Gogo’s exclusive products and services, passengers with Wi-Fi enabled devices can get online on more than 2,000 Gogo equipped commercial aircraft. In-flight connectivity partners include American Airlines, Air Canada, AirTran Airways, Alaska Airlines, Delta Air Lines, Japan Airlines, United Airlines, US Airways and Virgin America. In-flight entertainment partners include American Airlines, Delta Air Lines, Scoot and US Airways. In addition to its commercial airline business, Gogo has more than 6,500 business aircraft outfitted with its communications services.
Back on the ground, Gogo’s 600+ employees in Itasca, IL, Broomfield, CO and London are working to continually redefine flying as a productive, socially connected, and all-around more satisfying experience. Connect with Gogo at www.gogoair.com, on Facebook at www.facebook.com/gogo and on Twitter at www.twitter.com/gogo.
Media Relations Contact: | Investor Relations Contact: |
Steve Nolan | Varvara Alva |
630-647-1074 | 630-647-7460 |
pr@gogoair.com | ir@gogoair.com |
(FREE) Announces Reverse Split of Common Stock
Athens, Greece, Dec. 2, 2013 — December 2, 2013 — FreeSeas Inc. (Nasdaq: FREE) (“FreeSeas” or the “Company”), a transporter of dry-bulk cargoes through the ownership and operation of a fleet of Handysize and Handymax vessels, announced today that the Company’s Amended and Restated Articles of Incorporation were amended to effect a reverse stock split of the Company’s issued and outstanding common stock at a ratio of one new share for every 5 shares currently outstanding.
The Company anticipates that its common stock will begin trading on a split adjusted basis when the market opens on December 2, 2013. FreeSeas’ common stock will continue to trade under the symbol “FREE.” The common shares will also trade under a new CUSIP number Y26496300.
The reverse stock split will consolidate 5 shares of common stock into one share of common stock at a par value of $.001 per share. The reverse stock split will not affect any shareholder’s ownership percentage of FreeSeas’ common shares, except to the limited extent that the reverse stock split would result in any shareholder owning a fractional share. Fractional shares of common stock will be rounded up to the nearest whole share.
After the reverse stock split takes effect, shareholders holding physical share certificates will receive instructions from American Stock Transfer and Trust Company LLC, the Company’s exchange agent, regarding the process for exchanging their shares.
About FreeSeas Inc.
FreeSeas Inc. is a Marshall Islands corporation with principal offices in Athens, Greece. FreeSeas is engaged in the transportation of drybulk cargoes through the ownership and operation of drybulk carriers. Currently, it has a fleet of Handysize and Handymax vessels. FreeSeas’ common stock trades on the Nasdaq Capital Market under the symbol FREE. Risks and uncertainties are described in reports filed by FreeSeas Inc. with the SEC, which can be obtained free of charge on the SEC’s website at http://www.sec.gov. For more information about FreeSeas Inc., please visit the corporate website, www.freeseas.gr.
Forward-Looking Statements
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company’s growth strategy and measures to implement such strategy. Words such as ”expects,” ”intends,” ”plans,” ”believes,” ”anticipates,” ”hopes,” ”estimates,” and variations of such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to be correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates, which are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the demand for dry bulk vessels; competitive factors in the market in which the Company operates; risks associated with operations outside the United States; and other factors listed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
Contact Information:
At the Company
FreeSeas Inc.
Dimitris Papadopoulos, Chief Financial Officer
011-30-210-45-28-770
Fax: 011-30-210-429-10-10
dp@freeseas.gr
(HOTR) Announces Investment in Beacher’s Madhouse in Las Vegas, Nevada
CHARLOTTE, NC–(December 02, 2013) – Chanticleer Holdings, Inc. (NASDAQ: HOTR) (“Chanticleer Holdings” or “the Company”), headquartered in Charlotte, North Carolina, announced today that is has made a $500,000 investment in the new Beacher’s Madhouse to be located in Las Vegas, Nevada. Beacher’s Madhouse is an over-the-top variety show and nightclub experience currently located Los Angeles, California known for its world renowned, eclectic performances.
Set to open on New Year’s Eve, the 8,500 square-foot performance theater will be located in the MGM Grand Hotel & Casino located on the strip in Las Vegas. The theater will be decorated in red velvet and tufted leather and feature a life-size stuffed elephant and a human cannonball. Beacher’s Madhouse will offer 3 different weekly show options, an early show that starts at 8pm, a late show and a late late show that starts at 3am and lasts until 8am.
Mike Pruitt, CEO and President of Chanticleer Holdings, commented, “There’s no place to party like Las Vegas, and there’s no party crazier or more fun than a Madhouse party. Attending a Beacher’s Madhouse show is like no other experience. Founder of Beacher’s Mad House, Jeff Beacher, spent over a decade scouring the world to find talent and attractions unlike any other venue out there. Beacher’s Madhouse is an experience you will never forget.”
As part of the investment into Beacher’s Madhouse, Chanticleer received the right to participate in the financing of up to 25% offered to third party investors in any new Beacher’s Madhouse location as well as the exclusive rights to the United Kingdom, South Africa and Australia. Chanticleer encourages all parties to review their 8-K filing for full details of this transaction.
“We believe the addition of the Beacher’s Madhouse investment into our current restaurant and entertainment portfolio makes perfect sense,” Mr. Pruitt added.
About Beacher’s Madhouse.
Founded by Jeff Beacher, Beaker’s Madhouse is a highly successful high-end, cabaret style theatre and nightclub concept. Performers include the Madhouse Dancing Oompa Loompas, Mini Lady Gaga, Mini Ke$ha, Mini Nikki Minaj, the Hip Hop Violinist playing all of the hottest songs on the charts, the Bow and Arrow Contortionist, who can hang upside down and hit her target from across the room using only her feet, the World’s Youngest DJ (8 years old), Shaving Cream Guy, who uses shaving cream on his body to sculpt all different images, the world’s only Cat Magician, who does magic with the help of his cats, the Human Beatbox, who can recreate any beat with his mouth, the World’s Tallest Female Stripper (6’7″ feet tall), World’s Smallest Female Stripper (1’10” tall), World’s Oldest Male Stripper, Tiny Kiss, Busty, the woman who crushes things with her implant boobs, and of course, the exotic Beacher’s Babies Burlesque dancers and much more. For more information, please visit www.beachersmadhouse.com.
About Chanticleer Holdings, Inc.
Chanticleer Holdings (NASDAQ: HOTR) is focused on expanding the Hooters® casual dining restaurant brand in international emerging markets and American Roadside Burgers Inc (“ARB”), a Charlotte, N.C. based chain. Chanticleer currently owns in whole or part of the exclusive franchise rights to develop and operate Hooters restaurants in South Africa, Hungary and parts of Brazil, and has joint ventured with the current Hooters franchisee in Australia, while evaluating several additional international opportunities. The Company currently owns and operates in whole or part of seven Hooters restaurants in its international franchise territories: Durban, Johannesburg, Cape Town and Emperor’s Palace in South Africa; Campbelltown in Australia; Budapest in Hungary; and Nottingham in the United Kingdom. ARB, purchased by Chanticleer Holdings on October 1, 2013, has a total of 5 casual restaurants-1 location in Smithtown, N.Y., 2 locations in Charlotte, N.C., 1 location in Columbia, S.C., and the newest location is in Greenville, S.C. The Company also owns a majority interest in JF Restaurants, LLC and JF Franchising Systems, LLC, a fresh food-focused casual dining establishment with 5 restaurant locations.
For further information, please visit www.chanticleerholdings.com
Facebook: www.Facebook.com/ChanticleerHOTR
Twitter: http://Twitter.com/ChanticleerHOTR
Google+: https://plus.google.com/u/1/b/118048474114244335161/118048474114244335161/posts
Forward-Looking Statements:
Any statements that are not historical facts contained in this release are “forward-looking statements” as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as “expects,” “plans,” “projects,” “will,” “may,” “anticipates,” “believes,” “should,” “intends,” “estimates,” and other words of similar meaning. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions, the performance of management and our employees, our ability to obtain financing or required licenses, competition, general economic conditions and other factors that are detailed in our periodic reports and on documents we file from time to time with the Securities and Exchange Commission. The forward-looking statements contained in this press release speak only as of the date the statements were made, and the companies do not undertake any obligation to update forward-looking statements. We intend that all forward-looking statements be subject to the safe-harbor provisions of the PSLRA.
Contact:
Chanticleer Holdings, Inc.
Mike Pruitt
Chairman/CEO
Phone: 704.366.5122 x 1
mp@chanticleerholdings.com
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